Sunday, July 22, 2007


Solon

Solon doesn’t use economic policy to establish a tyranny, but he does it use to garner support. He institutes debt relief, and apparently his cronies were able to take advantage of their insider knowledge to procure mortgages on property, and then take advantage of the debt relief measure to escape payment. He also debases the currency, which results in a favorable situation to the debtor. Solon effectively uses these measures to procure support. In all fairness though, it should be noted that Plutarch says that the actions of his cronies caused some bitterness among the people.

I may add some additional comments later, but that’s about all that comes to mind about Solon at the moment.

Next up, either Odysseus Unbound, or Herodotus. Since both of those are rather long updates will cover only part of the book each time.

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