From commodity to money: The rise of silver coinage around the Ancient Mediterranean (sixth–first centuries bce)

The reasons why the Western Mediterranean, especially Carthage and Rome, resisted monetization relative to the Eastern Mediterranean are still unclear. We address this question by combining lead (Pb) and silver (Ag) isotope abundances in silver coinage from the Aegean, Magna Graecia, Carthage and Roman Republic. The clear relationships observed between ¹⁰⁹Ag/¹⁰⁷Ag and ²⁰⁸Pb/²⁰⁶Pb reflect the mixing of silver ores or silver objects with Pb metal used for cupellation. The combined analysis of Ag and Pb isotopes reveals important information about the technology of smelting. The Greek world extracted Ag and Pb from associated ores, whereas, on the Iberian Peninsula, Carthaginians and Republican‐era Romans applied Phoenician cupellation techniques and added exotic Pb to Pb‐poor Ag ores. Massive Ag recupellation is observed in Rome during the Second Punic War. After defeating the Carthaginians and the Macedonians in the late second century bce , the Romans brought together the efficient, millennium‐old techniques of silver extraction of the Phoenicians, who considered this metal a simple commodity, with the monetization of the economy introduced by the Greeks.     

Characterization of Glass,Shell, and Fishbone Beads on Ibo Island (Northern Mozambique) in the Context of the Indian Ocean Trade

African Archaeological Review - A set of beads made of glass, gastropod mollusk shell, and fishbone from a Swahili occupation level on Ibo Island (northern Mozambique) is dated to the eleventh and...     

Coloniality as a Barrier to Climate Action: Hierarchies of Power in a Coal-Based Economy

South Africa has a coal-based energy system and extractive economy, largely responsible for its high emission levels relative to countries with similar GDP. This extractive, coal-based economy began during British colonisation and today shows few signs of transitioning rapidly to limit climate change. This paper interrogates the role of coloniality in climate delay, given that colonisation is responsible for establishing fossil fuel dependence in South Africa. Combining theory on decolonisation, specifically colonial hierarchies of power, with a critical discourse analysis, this research uses interview and policy data to show how colonial power hierarchies can lead to climate delay in South Africa, through normalising emissions intensive development and silencing alternatives. In doing so, it highlights the need to recognise the colonial foundations of climate change and the potential for a coalition between decolonisation and climate action to motivate for radical change both in South Africa and at a global level.     

Book Reviews

Technopoles of the World: The Making of 21st Century Industrial Complexes. M. Castells and P. Hall. London, Routledge, 1994, x + 275 pp, £45.00 hb, ISBN 0 415 10014 3, £14.99 pk, ISBN 0 415 10015 1 pb.

Transport and Communications Innovation in Europe. G. Giannopoulos and A. Gillespie (Eds). London, Belhaven Press, 1993, xii + 369 pp, £42.00 hb, ISBN 1 85293 269 4.

The Argumentative Turn in Policy Analysis and Planning. F. Fisher and J. Forester (Eds). London, UCL Press, 1993, 327pp, £14.95, pb, ISBN 1 85728 183 7.

Regional Development in the 1990s. The British Isles in Transition. P. Townroe and R. Martin (Eds). London, Jessica Kingsley Publishers and Regional Studies Association, 330pp, £22.50 pb, ISBN 1 85302 139 3.

Urban Land and Property Markets in France. R. Acosta and V. Renard. London, University College Press, 1993, 166pp, £40.00 hb, ISBN 1 85728 050 4.     

THE WELFARE ASPECTS OF SPATIAL PRICING POLICIES RECONSIDERED FOR A MONOPOLY CASE*

ABSTRACT. We reexamine the price structures and their welfare implications in three pricing regimes (mill, uniform and discriminatory) for a monopoly. We show that spatial price discrimination could provide the highest social welfare and, when consumers tastes are heterogeneous enough, also the highest consumer surplus. The superiority of spatial price discrimination is partially due to the larger output produced and partially due to differential treatment for consumers with heterogeneous tastes.