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Structure and Performance in the Roman Economy

Structure and Performance in the Roman Economy
Author: Paul Erdkamp
Publisher: Peeters
Total Pages: 0
Release: 2015
Genre: Rome
ISBN: 9789042932807

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History is a reality that can be observed only through the traces it has left. Some are words and images (on parchment, papyrus, stone or any other bearer) conveying us the emotions and reflections of people in the past. Others are the scars and leftovers of human lives and actions, scattered in the landscape, buried or sunk under water. Historians and archaeologists are experts in restoring the damage done to a body of evidence by time or human manipulation. We are trained empiricists, wont to look down and think bottom-up. Economic history, however, requires us to do more: we need to look up. Economics is about explaining patterns in human interaction by detecting its causes and effects. However good our restored data are, the patterns they reveal will always be too fragmented and have too many loose ends to unveil reality. Economic history is always an act of imagination. The challenge is to ensure that it does not become an insubstantial pageant. Theories, models and comparative history help us to do that. They are explanatory frames and tools, showing the consequences of our assumptions and suggesting solutions to fill in the gaps. They do not diminish the need for empirical research methods. The output of any model depends on the reliability of its input data. This book discusses theories and models we believe are useful in economic history, but it also invites the reader to look at methods (both new and traditional) to ensure that input data are reliable, and offers case studies showing what can be done.


Structure and Scale in the Roman Economy

Structure and Scale in the Roman Economy
Author: Richard Duncan-Jones
Publisher: Cambridge University Press
Total Pages: 268
Release: 2002-05-02
Genre: Business & Economics
ISBN: 9780521892896

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Duncan-Jones presents a series of studies and debates on interlocking themes which explore central areas of the Roman economy and the ways those areas connect and interact. The studies are grouped into five sections: Time and Distance, Demography and Manpower, Agrarian Patterns, The World of Cities, and Tax-payment and Tax-assessment.


Money, Culture, and Well-Being in Rome's Economic Development, 0-275 CE

Money, Culture, and Well-Being in Rome's Economic Development, 0-275 CE
Author: Daniel Hoyer
Publisher: BRILL
Total Pages: 229
Release: 2018-02-27
Genre: History
ISBN: 9004358285

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The Roman Empire has long held pride of place in the collective memory of scholars, politicians, and the general public in the western world. In Money, Culture, and Well-Being in Rome's Economic Development, 0-275 CE, Daniel Hoyer offers a new approach to explain Rome's remarkable development. Hoyer surveys a broad selection of material to see how this diverse body of evidence can be reconciled to produce a single, coherent picture of the Roman economy. Engaging with social scientific and economic theory, Hoyer highlights key issues in economic history, placing the Roman Empire in its rightful place as a special—but not wholly unique—example of a successful preindustrial state.


Law and Economic Performance in the Roman World

Law and Economic Performance in the Roman World
Author:
Publisher: BRILL
Total Pages: 295
Release: 2022-09-26
Genre: History
ISBN: 9004525130

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Were legal systems in the Roman empire conducive to economic growth and development? Were legal rules and procedure changed in response to economic needs? This book offers detailed studies to provide some answers to these basic questions.


Quantifying the Roman Economy

Quantifying the Roman Economy
Author: Alan Bowman
Publisher: Oxford University Press
Total Pages: 375
Release: 2009-06-25
Genre: Business & Economics
ISBN: 0199562598

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The first volume in a new series, Oxford Studies on the Roman Economy: a collection of essays, edited by the series editors, focusing on the economic performance of the Roman empire, and suggesting how we can derive a quantified account of economic growth and contraction in the period of the empire's greatest extent and prosperity.


The Roman Market Economy

The Roman Market Economy
Author: Peter Temin
Publisher: Princeton University Press
Total Pages: 317
Release: 2017-09-05
Genre: History
ISBN: 0691177945

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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.


Rome's Imperial Economy

Rome's Imperial Economy
Author: W. V. Harris
Publisher: OUP Oxford
Total Pages: 384
Release: 2011-02-03
Genre: History
ISBN: 0191616494

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Imperial Rome has a name for wealth and luxury, but was the economy of the Roman Empire as a whole a success, by the standards of pre-modern economies? In this volume W. V. Harris brings together eleven previously published papers on this much-argued subject, with additional comments to bring them up to date. A new study of poverty and destitution provides a fresh perspective on the question of the Roman Empire's economic performance, and a substantial introduction ties the collection together. Harris tackles difficult but essential questions, such as how slavery worked, what role the state played, whether the Romans had a sophisticated monetary system, what it was like to be poor, whether they achieved sustained economic growth. He shows that in spite of notably sophisticated economic institutions and the spectacular wealth of a few, the Roman economy remained incorrigibly pre-modern and left a definite segment of the population high and dry.


Ownership and Exploitation of Land and Natural Resources in the Roman World

Ownership and Exploitation of Land and Natural Resources in the Roman World
Author: Paul Erdkamp
Publisher: OUP Oxford
Total Pages: 422
Release: 2015-07-30
Genre: History
ISBN: 0191044733

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Explanation of the success and failure of the Roman economy is one of the most important problems in economic history. As an economic system capable of sustaining high production and consumption levels, it was unparalleled until the early modern period. This volume focuses on how the institutional structure of the Roman Empire affected economic performance both positively and negatively. An international range of contributors offers a variety of approaches that together enhance our understanding of how different ownership rights and various modes of organization and exploitation facilitated or prevented the use of land and natural resources in the production process. Relying on a large array of resources - literary, legal, epigraphic, papyrological, numismatic, and archaeological - chapters address key questions regarding the foundations of the Roman Empire's economic system. Questions of growth, concentration and legal status of property (private, public, or imperial), the role of the state, content and limitations of rights of ownership, water rights and management, exploitation of indigenous populations, and many more receive new and original analyses that make this book a significant step forward to understanding what made the economic achievements of the Roman empire possible.


Managing Information in the Roman Economy

Managing Information in the Roman Economy
Author: Cristina Rosillo-López
Publisher: Springer Nature
Total Pages: 340
Release: 2020-12-23
Genre: Business & Economics
ISBN: 3030541002

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This volume studies information as an economic resource in the Roman World. Information asymmetry is a distinguishing phenomenon of any human relationship. From an economic perspective, private or hidden information, opposed to publicly observable information, generates advantages and inequalities; at the same time, it is a source of profit, legal and illegal, and of transaction costs. The contributions that make up the present book aim to deepen our understanding of the economy of Ancient Rome by identifying and analysing formal and informal systems of knowledge and institutions that contributed to control, manage, restrict and enhance information. The chapters scrutinize the impact of information asymmetries on specific economic sectors, such as the labour market and the market of real estate, as well as the world of professional associations and trading networks. It further discusses structures and institutions that facilitated and regulated economic information in the public and the private spheres, such as market places, auctions, financial mechanisms and instruments, state treasures and archives. Managing Asymmetric Information in the Roman Economy invites the reader to evaluate economic activities within a larger collective mental, social, and political framework, and aims ultimately to test the applicability of tools and ideas from theoretical frameworks such as the Economics of Information to ancient and comparative historical research.