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The Roman Market Economy

The Roman Market Economy PDF Author: Peter Temin
Publisher: Princeton University Press
ISBN: 0691177945
Category : History
Languages : en
Pages : 317

Book Description
What modern economics can tell us about ancient Rome The quality of life for ordinary Roman citizens at the height of the Roman Empire probably was better than that of any other large group of people living before the Industrial Revolution. The Roman Market Economy uses the tools of modern economics to show how trade, markets, and the Pax Romana were critical to ancient Rome's prosperity. Peter Temin, one of the world's foremost economic historians, argues that markets dominated the Roman economy. He traces how the Pax Romana encouraged trade around the Mediterranean, and how Roman law promoted commerce and banking. Temin shows that a reasonably vibrant market for wheat extended throughout the empire, and suggests that the Antonine Plague may have been responsible for turning the stable prices of the early empire into the persistent inflation of the late. He vividly describes how various markets operated in Roman times, from commodities and slaves to the buying and selling of land. Applying modern methods for evaluating economic growth to data culled from historical sources, Temin argues that Roman Italy in the second century was as prosperous as the Dutch Republic in its golden age of the seventeenth century. The Roman Market Economy reveals how economics can help us understand how the Roman Empire could have ruled seventy million people and endured for centuries.

The Roman Market Economy

The Roman Market Economy PDF Author: Peter Temin
Publisher: Princeton University Press
ISBN: 0691177945
Category : History
Languages : en
Pages : 317

Book Description
What modern economics can tell us about ancient Rome The quality of life for ordinary Roman citizens at the height of the Roman Empire probably was better than that of any other large group of people living before the Industrial Revolution. The Roman Market Economy uses the tools of modern economics to show how trade, markets, and the Pax Romana were critical to ancient Rome's prosperity. Peter Temin, one of the world's foremost economic historians, argues that markets dominated the Roman economy. He traces how the Pax Romana encouraged trade around the Mediterranean, and how Roman law promoted commerce and banking. Temin shows that a reasonably vibrant market for wheat extended throughout the empire, and suggests that the Antonine Plague may have been responsible for turning the stable prices of the early empire into the persistent inflation of the late. He vividly describes how various markets operated in Roman times, from commodities and slaves to the buying and selling of land. Applying modern methods for evaluating economic growth to data culled from historical sources, Temin argues that Roman Italy in the second century was as prosperous as the Dutch Republic in its golden age of the seventeenth century. The Roman Market Economy reveals how economics can help us understand how the Roman Empire could have ruled seventy million people and endured for centuries.

The Cambridge Companion to the Roman Economy

The Cambridge Companion to the Roman Economy PDF Author: Walter Scheidel
Publisher: Cambridge University Press
ISBN: 0521898226
Category : Business & Economics
Languages : en
Pages : 459

Book Description
Thanks to its exceptional size and duration, the Roman Empire offers one of the best opportunities to study economic development in the context of an agrarian world empire. This volume, which is organised thematically, provides a sophisticated introduction to and assessment of all aspects of its economic life.

The Cambridge Economic History of the Greco-Roman World

The Cambridge Economic History of the Greco-Roman World PDF Author: Walter Scheidel
Publisher: Cambridge University Press
ISBN: 0521780535
Category : Business & Economics
Languages : en
Pages : 17

Book Description
In this, the first comprehensive survey of the economies of classical antiquity, twenty-eight chapters summarise the current state of scholarship in their specialised fields and sketch new directions for research. They reflect a new interest in economic growth in antiquity and develop new methods for measuring economic development, often combining textual and archaeological data that have previously been treated separately.

Rome's Economic Revolution

Rome's Economic Revolution PDF Author: Philip Kay
Publisher: Oxford University Press
ISBN: 0199681546
Category : Business & Economics
Languages : en
Pages : 401

Book Description
Kay examines the economic change in Rome between the Second Punic War and the middle of the first century BC. He focuses on how the increased inflow of bullion and expansion of the availability of credit resulted in real per capita economic growth in the Italian peninsula, radically changing the composition and scale of the Roman economy.

The Ancient Economy

The Ancient Economy PDF Author: Moses I. Finley
Publisher: Univ of California Press
ISBN: 9780520024366
Category : Business & Economics
Languages : en
Pages : 228

Book Description
"The Ancient Economy holds pride of place among the handful of genuinely influential works of ancient history. This is Finley at the height of his remarkable powers and in his finest role as historical iconoclast and intellectual provocateur. It should be required reading for every student of pre-modern modes of production, exchange, and consumption."--Josiah Ober, author of Political Dissent in Democratic Athens

Farmers and Agriculture in the Roman Economy

Farmers and Agriculture in the Roman Economy PDF Author: David B. Hollander
Publisher: Routledge
ISBN: 1351596411
Category : History
Languages : en
Pages : 132

Book Description
Often viewed as self-sufficient, Roman farmers actually depended on markets to supply them with a wide range of goods and services, from metal tools to medical expertise. However, the nature, extent, and implications of their market interactions remain unclear. This monograph uses literary and archaeological evidence to examine how farmers – from smallholders to the owners of large estates – bought and sold, lent and borrowed, and cooperated as well as competed in the Roman economy. A clearer picture of the relationship between farmers and markets allows us to gauge their collective impact on, and exposure to, macroeconomic phenomena such as monetization and changes in the level and nature of demand for goods and labor. After considering the demographic and environmental context of Italian agriculture, the author explores three interrelated questions: what goods and services did farmers purchase; how did farmers acquire the money with which to make those purchases; and what factors drove farmers’ economic decisions? This book provides a portrait of the economic world of the Roman farmer in late Republican and early Imperial Italy.

Public Land in the Roman Republic

Public Land in the Roman Republic PDF Author: Saskia T. Roselaar
Publisher: OUP Oxford
ISBN: 0191591483
Category : History
Languages : en
Pages : 380

Book Description
In the first volume in this new series on Roman society and law, Saskia T. Roselaar traces the social and economic history of the ager publicus, or public land. As the Romans conquered Italy during the fourth to first centuries BC, they usually took land away from their defeated enemies and declared this to be the property of the Roman state. This land could be distributed to Roman citizens, but it could also remain in the hands of the state, in which case it was available for general public use. However, in the third and second centuries BC growth in the population of Italy led to an increased demand for land among both commercial producers and small farmers. This in turn led to the gradual privatization of the state-owned land, as those who held it wanted to safeguard their rights to it. Roselaar traces the currents in Roman economy and demography which led to these developments.

The Romans and Trade

The Romans and Trade PDF Author: André Tchernia
Publisher: Oxford University Press
ISBN: 019103567X
Category : History
Languages : en
Pages : 336

Book Description
André Tchernia is one of the leading experts on amphorae as a source of economic history, a pioneer of maritime archaeology, and author of a wealth of articles on Roman trade, notably the wine trade. This book brings together the author's previously published essays, updated and revised, with recent notes and prefaced with an entirely new synthesis of his views on Roman commerce with a particular emphasis on the people involved in it. The book is divided into two main parts. The first is a general study of the structure of Roman trade: Landowners and traders, traders' fortunes, the matter of the market, the role of the state, and dispatching what is required. It tackles the recent debates on Roman trade and Roman economy, providing, original and convincing answers. The second part of the book is a selection of 14 of the author's published papers. They range from discussions of general topics such as the ideas of crisis and competition, the approvisioning of Ancient Rome, trade with the East, to more specialized studies, such as the interpretation of the 33 AD crisis. Overall, the book contains a wealth of insights into the workings of ancient trade and expertly combines discussion of the material evidence-especially of amphorae and wrecks-with the prosopographical approach derived from epigraphic, papyrological and historical data.

The Economics of the Roman Stone Trade

The Economics of the Roman Stone Trade PDF Author: Ben Russell
Publisher: Oxford University Press
ISBN: 0199656398
Category : Art
Languages : en
Pages : 473

Book Description
Russell provides an examination of the production, distribution, and use of carved stone objects in the Roman world. Focusing on the market for stone and its supply, he offers an assessment of the practicalities of stone transport and how the relationship between producer and customer functioned even over considerable distances.

The Roman Bazaar

The Roman Bazaar PDF Author: Peter Fibiger Bang
Publisher: Cambridge University Press
ISBN: 9780521300704
Category : History
Languages : en
Pages : 0

Book Description
It has long been held by historians that trade and markets in the Roman Empire resembled those found later in early modern Europe. Using the concept of the bazaar, however, Peter Bang argues that the development spawned by Roman hegemony proves clear similarities with large, pre-colonial or tributary empires such as the Ottoman, the Mughal in India, and the Ming/Ch'ing in China. By comparing Roman market formation particularly with conditions in the Mughal Empire, Bang changes our comparative horizons and situates the ongoing debate over the Roman economy firmly within wider discussions about world history and the 'great divergence' between east and west. The broad scope of this book takes in a wide range of topics, from communal networks and family connections to imperial cultures of consumption, and will therefore be of great interest to scholars and students of ancient history and pre-industrial economics.