Skip to main content

30% Off New Releases: Explore the List

Harvard University Press - home
The Classical Debt

The Classical Debt

Greek Antiquity in an Era of Austerity

Johanna Hanink

ISBN 9780674971547

Publication date: 05/22/2017

Ever since the International Monetary Fund’s first bailout of Greece’s sinking economy in 2010, the phrase “Greek debt” has meant one thing to the country’s creditors. But for millions who claim to prize culture over capital, it means something quite different: the symbolic debt that Western civilization owes to Greece for furnishing its principles of democracy, philosophy, mathematics, and fine art. Where did this other idea of Greek debt come from, Johanna Hanink asks, and why does it remain so compelling today?

The Classical Debt investigates our abiding desire to view Greece through the lens of the ancient past. Though classical Athens was in reality a slave-owning imperial power, the city-state of Socrates and Pericles is still widely seen as a utopia of wisdom, justice, and beauty—an idealization that the ancient Athenians themselves assiduously cultivated. Greece’s allure as a travel destination dates back centuries, and Hanink examines many historical accounts that express disappointment with a Greek people who fail to live up to modern fantasies of the ancient past. More than any other movement, the spread of European philhellenism in the eighteenth and nineteenth centuries carved idealized conceptions of Greece in marble, reinforcing the Western habit of comparing the Greece that is with the Greece that once was.

Today, as the European Union teeters and neighboring nations are convulsed by political unrest and civil war, Greece finds itself burdened by economic hardship and an unprecedented refugee crisis. Our idealized image of ancient Greece dangerously shapes how we view these contemporary European problems.


  • The Classical Debt is a fascinating foray into the process by which Europeans molded their own and modern Greek identity on the basis of ancient Greek ideals, and this shared culture helps explain the antagonism towards the Greeks when their path seems to veer away from that of the rest of Europe.

    —John Psaropoulos, Times Literary Supplement


  • Johanna Hanink is Associate Professor of Classics at Brown University.

Book Details

  • 352 pages
  • 5-1/2 x 8-1/4 inches
  • Belknap Press