Massive spending in a crisis brought bloody consequences in ancient Athens
- Written by Mark Munn, Professor of Ancient Greek History and Greek Archaeology, Pennsylvania State University
A steel engraving of the naval battle of Arginusae in 406 B.C.Allgemeine Weltgeschichte, 1898/Getty Images
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...
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