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Wages, Welfare Costs And Inflation In Classical Athens,New Perseus The clear organization of wordsWilliam T. Loomis Examines All Surviving Athenian Wages, Salaries, Welfare Payments And Other Labor Costs To Determine What People Really Were Paid For Various Kinds Of Work And Allowances. These Determinations, In Turn, Enable The Author To Cast A New And Authoritative Light On Three Controversial Questions: Was There A 'Standard Wage' In Athens? Were There Periods Of Inflation And Deflation? Did Athenians Have An 'Embedded' Or A 'Market' Economy?