Monetary Concepts Developed in Babylonia and Persia

merchants-persia

Did you know that the concept of insurance actually goes back to the early human civilization? In fact, certain practices in Persia and Babylonia actually come close to the idea or notion of insurance today! Wherever economy ran using non-monetary or natural sources, insurance was in the form of agreements for mutual aid. For instance, … [Read more…]

Xerxes I – The True Story

xerxes_i_persepolis

Yes, you know that name thanks to modern era cinema and 300 – the Movie in particular. But is that what Xerxes I was? He is actually Ahasuerus, a Persian King recorded in the Book of Esther. He was the king who invaded Greece in 480 BC. He took over the reign from Darius I … [Read more…]

Theology of Zoroastrianism

Mideast Iran Zoroastrians

There is only one supreme, transcendent and universal being or god in Zoroastrianism and the name given to this entity is “Ahura Mazda”. The name derives itself from two different words in the Avestan Language. Ahura meaning “Being” while Mazda meaning “Mind”. According to Zoroaster, the founder of the religion – Ahura Mazda is most … [Read more…]