History of Money, Banking, and Trade

Episode 9. The Spectacle of Babylonian Power and the Intrigue of Economic Mastery

55 min • 29 december 2023

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Embark on a historical odyssey that will redefine your understanding of ancient Mesopotamian politics and economics. I, Mike D, am your guide through a saga of kings and empires, where the mighty Assyrians and Babylonians clash, and the wisdom of Nebuchadnezzar II echoes through the ages. Together, we'll scrutinize the delicate dance of power from Esarhaddon and Sennacherib, the Assyrian juggernauts, and the internal revolts that rewrote destinies. The tale thickens with familial rivalries as we recount Samar-suma-ukin rebellion against his brother, Ashurbanipal, unraveling a history fraught with alliances and betrayals.

Venture into the vibrant economic life of ancient Babylon, where trade routes were arteries of prosperity and temples doubled as commercial hubs. We'll sift through the economic fabric woven by Nebobalassar and Nebuchadnezzar II, spotlighting their diplomatic prowess that led to cultural assimilation and robust trade networks. Grapple with the enigma of the Hanging Gardens, scrutinize the market regulations by historical figures like Nabonidus, and marvel at the astronomical diaries that recorded market fluctuations with celestial precision. It's a chapter of history where economics and astrology converge, offering a glimpse into the minds of ancient scholars who documented their world with a meticulousness that rivals modern data analysts.

Witness the dramatic fall of the Neo-Babylonian Empire as we chart the cunning of Cyrus the Great, whose conquests reshaped the map of the ancient world. Delve into the political and religious unrest that simmered in Babylon during Nabonidus's mysterious retreat to Arabia, and dissect the fateful night of Belshazzar's feast, where the writing on the wall prophesied doom. In an unprecedented move, we'll investigate Cyrus's innovative approach to the defeated Nabonidus, a strategy that would earn him the title of "the Great" and redefine the concept of victory. As we close this chapter, the echoes of ancient Mesopotamia continue to resonate, offering timeless lessons in leadership, economy, and human resilience.

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