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RSS FeedsMassive spending in a crisis brought bloody consequences in ancient Athens
(PHYSorg.com Economics)

 
 

17 april 2020 19:42:46

 
Massive spending in a crisis brought bloody consequences in ancient Athens
(PHYSorg.com Economics)
 


The jump in federal spending in response to the crisis of the coronavirus pandemic is not a new idea. Nearly 2,500 years ago, the people of ancient Athens had a similar plan-which succeeded in meeting the major threat they faced, but then tore Athenian society apart in a tangle of political recriminations after the crisis had passed.


 
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