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Tides of History

The Ancient Economy from Assyria to Augustus

Tides of History

Wondery / Patrick Wyman

Documentary, Society & Culture, History

4.86.3K Ratings

🗓️ 9 October 2025

⏱️ 47 minutes

🧾️ Download transcript

Summary

What was the ancient economy? Can we even speak of such a singular thing? Today, I introduce the next block of episodes on Tides, an in-depth examination of the cutting edge of knowledge on the ancient economy in the first millennium BC.

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Transcript

Click on a timestamp to play from that location

0:00.0

Wondery Plus subscribers can listen to Tides of History early and ad-free right now.

0:04.6

Join Wondery Plus in the Wondery app or on Apple Podcasts.

0:18.0

Gaius Polfenios loved the clamor on the docks of Delos.

0:21.6

He could smell spilled wine and the stink of the unwashed slaves newly arrived from Trace and Skithia.

0:27.6

Here the chattering of a dozen different languages, practically feel the massive quantities of money changing hands with every transaction.

0:34.6

All of it, from the sound of shattering amphorae to the clink of

0:38.0

coins to the reek of spoiled produce, reminded him of the profits to be made here in the east.

0:44.4

Pulfinius had come to the island two decades before, from Brindizia in Italy, one of the first

0:49.4

Oskan merchants to make the journey around Greece, into the Aegean, and onto the docks of Delos.

0:55.0

It was a duty-free port where no taxes could be levied on imports and exports, and it didn't

0:59.3

take a genius to see the benefit to that for a merchant like him. He had, however, been at the

1:04.3

front of the pack. The cargo of cheap oil and low-grade pottery Porfinios acquired by Hook

1:09.2

and Crook for his first voyage, hadn't brought

1:11.3

him much in return, but it had got his foot in the door. The Black Sea slaves he purchased

1:16.5

with the profits had made him his first fortune when he transported them to Sicily for sale.

1:21.6

A new acquaintance, his future father-in-law, an established Delian trader, handled the transfer

1:26.8

of funds for him. He never even had to

1:29.1

grab a handful of silver to get rich. By the time his many rivals from Brundusium arrived in

1:35.0

the months and years to come, Pulfenios was already on his way to becoming an upstanding member of Delos's

1:41.0

resident community of merchants. He didn't have to head down to the docks in search of a good deal.

1:46.7

Most of his business was in money transfers like his father-in-law.

1:50.0

But sometimes the itch still struck,

...

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