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.     

Financial Inclusion or Subordination? The Monetary Politics of Debt in Cambodia

Financial inclusion is a leading driver of household debt across the global South. Although critical geographers have analysed this debt through the lens of financialisation, few have examined it in terms of monetary politics. This is a salient issue, because poorer nations often have limited control over their monetary policy due to their dependence on foreign currencies, which can adversely affect the structure of their financial markets. Building on the concept of monetary dependency from scholarship on financial subordination, I analyse the monetary politics of debt in Cambodia. Drawing on elite interviews and ethnographic research, I argue that Cambodia's extreme monetary dependence on the US dollar has shaped monetary and fiscal policies that compel poorer households to take on private debt to pay for their basic needs. This paper advances critical geographies of debt and development by studying financial subordination and its impact on financial inclusion in the global South.     

Current archaeological research in the Middle Atlantic region of the eastern united states

A major theme of current archaeological research in the Middle Atlantic region of Eastern North America is the recognition of cultural variability across space and through time. The most significant culture change experienced during the entire time frame of regional prehistory occurred ca. 5000 B.P., when there were major changes in regional environments. Before 5000 B.P., adaptations were characterized by small groups of mobile hunters and gatherers. After 5000 B.P., there were continued growth in regional populations and increases in sedentism, intensive use of a limited range of food resources, social group size, and social complexity.     

THE CHRONOLOGY OF GROUPS OF DIES FOR LARGE ISSUES OF ANCIENT COINS USING MAHALANOBIS DISTANCES*

Discriminant analyses of distances and angles obtained from 25 coins struck by P. Crepusius in 82 BC permitted the correct chronology for five groups of closely-related dies to be obtained by the method of Carter and Frurip. Twenty distances and 15 angles were measured on 10 x projections of the coins which represented five groups of dies separated in time from each other. The use of all or many variables gave poorer results than the use of five to ten variables having a high ‘figure of merit’, defined as the maximum range of mean values for a given variable in the five groups of dies divided by the mean standard deviation of the variable in the five groups. It is recommended that chronologies of ancient coins be determined from Mahalanobis distances by using only variables of relatively high figure of merit.     

Contextualizing Welfare's Work Disincentive: The Case of Female-headed Family Poverty

The conventional model of the relationship between welfare incentives and poverty rates holds that welfare payments produce an income-enhancement effect that removes families from poverty until some threshold. Beyond this point increased payments engender a work-disincentive effect resulting in increased rates of poverty. We challenge the model's assumption that poverty levels are a simple and spatially invariant response to welfare incentives, contending instead that local employment conditions may substantially alter the relation. Our reformulation of the conventional modeling approach is based on the expansion method. Specifically, we extend the model to include the effects of local labor-market conditions on the response of poverty levels to welfare incentives. In contesting the invariance assumption, the expansion method allows us to determine where and in what contexts welfare is “work discouraging.” The empirical analysis, which is undertaken at the county level, indicates that welfare payments vary in their influence on poverty rates across different employment contexts. A national map portraying this parameter instability demonstrates that female-family poverty rates are most responsive to welfare assistance in the rural South and least responsive in the metropolitan Northeast. Finally, we examine two sharply contrasting locales to illustrate how poverty is governed by specific employment and welfare characteristics.