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By the time 1965 had arrived, the palace economy was being applied widely over all the Aegean and Near and Middle Eastern civilizations of the Late Bronze Age.
It became such a fixture that subsequently it was applied to modern economic system types.
There was, however, a notable abstention.
Chadwick, who inherited the work and tradition of Ventris, in The Mycenaean World ( 1976 ), notably does not refer to a palace economy.
Instead he implies questions, such as "... it is not so clear how small a palace can be ... What we can infer from the palace buildings is that there are administrative centres ... each centre of administration implies an administrator, whether he be an independent monarch, a semi-autonomous prince, or a local baron ...."

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