History of Money, Banking, and Trade

Episode 8. Journey Through Mesopotamia: The Neo-Babylonians, Silver Economies, and the Maturation of Ancient Trade Systems

35 min • 19 december 2023

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What if you could travel back in time to witness the political turmoil and economic evolution of ancient Mesopotamia? We're pulling back the curtain on the fascinating history of the Chaldeans, whose strategic mastery over the Euphrates River trade routes catapulted them to power, only to be toppled by Babylonian kings and the formidable Assyrian empire. We're unraveling the complex tapestry of alliances and power struggles that characterized this intriguing era.

Ever wondered how silver became the de facto medium of exchange? Let's journey together through the rise of the Neo-Babylonian period. We'll challenge conventional wisdom by questioning the controversial barter system in ancient societies, and track the shift to silver payments as a cornerstone of economies. Be prepared to challenge your understanding of how hired labor, payment in silver, and the monetization of goods and services shaped not just Mesopotamian economies, but influenced global economic systems. So, buckle up for a deep dive into the riveting world of ancient trade and money systems!

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