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The Roman Market Economy

The Roman Market Economy
Author: Peter Temin
Publisher: Princeton University Press
Total Pages: 318
Release: 2013
Genre: Business & Economics
ISBN: 069114768X

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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.


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.


Africa's Development in Historical Perspective

Africa's Development in Historical Perspective
Author: Emmanuel Akyeampong
Publisher: Cambridge University Press
Total Pages: 541
Release: 2014-08-11
Genre: Business & Economics
ISBN: 1107041155

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Why has Africa remained persistently poor over its recorded history? Has Africa always been poor? What has been the nature of Africa's poverty and how do we explain its origins? This volume takes a necessary interdisciplinary approach to these questions by bringing together perspectives from archaeology, linguistics, history, anthropology, political science, and economics. Several contributors note that Africa's development was at par with many areas of Europe in the first millennium of the Common Era. Why Africa fell behind is a key theme in this volume, with insights that should inform Africa's developmental strategies.


Pliny's Roman Economy

Pliny's Roman Economy
Author: Richard Saller
Publisher: Princeton University Press
Total Pages: 216
Release: 2023-12-05
Genre: Business & Economics
ISBN: 0691229562

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"Recent works by economic historians of early modern Europe have argued for a link between encyclopedias of the 18th century and the developments culminating in the Industrial Revolution. Diderot and D'Alembert's great Encyclopedie aimed to disseminate useful knowledge for productive growth and was one of the most visible contributions to what economic historian Joel Mokyr has labelled a "culture of growth." While the Ancient Romans didn't have anything like these encyclopedias, they did have its very popular and acknowledged ancestor, the thirty-seven books of Pliny's Natural History. Much has been written about Pliny's view of nature, his scientific thought, his ideology of empire, and so on, but there has been no comparable effort to probe Pliny's economic views and the impact, if any, of his history on Roman economic growth. In Pliny's Roman Economy, eminent Roman historian Richard Saller aims to bring together the economic observations and instances of financial reasoning scattered throughout the Natural History. Taken together, they do not amount to a discipline of "economics," but, Saller argues they do provide insights into Pliny's views about different forms of production and commerce, about labor and agency, about price formation and profitability, about investment and consumption and about technology. Combined with archaeological and other evidence, Pliny's work can also provide us with one of our best textual pictures of the working of the Roman economy"--


Escape from Rome

Escape from Rome
Author: Walter Scheidel
Publisher: Princeton University Press
Total Pages: 698
Release: 2021-03-16
Genre: Business & Economics
ISBN: 0691216738

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The gripping story of how the end of the Roman Empire was the beginning of the modern world The fall of the Roman Empire has long been considered one of the greatest disasters in history. But in this groundbreaking book, Walter Scheidel argues that Rome's dramatic collapse was actually the best thing that ever happened, clearing the path for Europe's economic rise and the creation of the modern age. Ranging across the entire premodern world, Escape from Rome offers new answers to some of the biggest questions in history: Why did the Roman Empire appear? Why did nothing like it ever return to Europe? And, above all, why did Europeans come to dominate the world? In an absorbing narrative that begins with ancient Rome but stretches far beyond it, from Byzantium to China and from Genghis Khan to Napoleon, Scheidel shows how the demise of Rome and the enduring failure of empire-building on European soil launched an economic transformation that changed the continent and ultimately the world.


The Long Shadow of World War II

The Long Shadow of World War II
Author: Matthias Strohn
Publisher: Casemate Academic
Total Pages: 285
Release: 2021-08-31
Genre: History
ISBN: 1952715032

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2020 marks 75 years since the end of World War II, yet even as the war slips from living memory, its legacies continue to influence current political and military thinking. This anthology will analyze these legacies for a number of countries and regions including China, Russia, the United States, the Near East, and Germany illustrating in detail how World War II is not merely a historical event, but a defining moment for current military and political thinking around the globe. This book will therefore be of interest for those interested in history, but also political and military decision makers, and followers of current political and military affairs.


Escape from Rome

Escape from Rome
Author: Walter Scheidel
Publisher: Princeton University Press
Total Pages: 694
Release: 2019-10-15
Genre: Business & Economics
ISBN: 0691172188

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"In this book, Walter Scheidel provides a unique take on the perennial debates about the rise of the west. His main argument is straightforward and provocative: the fact that nothing like the Roman Empire ever again emerged in Europe was a crucial precondition for modern economic growth, the Industrial Revolution and worldwide conquest much later on. Contra Ken Pomeranz's classic thesis about the "Great Divergence" of the 18th/19th centuries when northwestern Europe pulled away from China and the rest of world in terms of economic performance and overall power, Scheidel argues there was a much more significant "first great divergence" in late antiquity which set the stage. Scheidel argues that it wasn't until the West "escaped" from the dominance of the Roman empire did it flourish economically (unlike China, comparison which will be explored in this book, which despite transformations and setbacks remained a "universal empire" for much of it's 2,200 year history). Scheidel approaches this "first great divergence" via a new take on some central question concerning the life and fate of the Roman Empire: How did the Roman Empire come into existence - did its rise depend on unique conditions that were never repeated later on? Was its fall inevitable? Why was nothing like the Roman Empire ever rebuilt? And did this matter for (much) later developments? He concludes by arguing that the fall and lasting disappearance of the Roman Empire was an indispensable precondition for later European exceptionalism and therefore for the creation of the modern world we now live in. From this perspective, the absence of the Roman Empire had a much greater impact than its previous existence and its subsequent influence on European culture, which is of course well documented in many domains and often accorded great significance. Scheidel does concede that a monopolistic empire like Rome's which first created a degree of shared culture and institutions but subsequently went away for good was perhaps more favorable to later European development than a scenario in which no such empire had ever existed in the first place. But, in answer to the question, ""What have the Romans ever done for us?" Scheidel replies: "fall and go away."" --


The Roman Empire

The Roman Empire
Author: Peter Garnsey
Publisher: Duckbacks
Total Pages: 231
Release: 1987
Genre: History
ISBN: 9780715621455

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"During the first, stable period of the Principate (roughly from 27 BC to AD 235), when the empire reached its maximum extent, Roman society and culture were radically transformed. But how was the vast territory of the empire controlled? Did the demands of central government stimulate economic growth, or endanger survival? What forces of cohesion operated to balance the social and economic inequalities and high mortality rates? Why did Roman governments freeze the official religion while allowing the diffusion of alien, especially oriental, cults? Are we to see in their attitude to Christianity a policy of toleration - or simply confusion and a failure of nerve? These are some of the many questions posed in this book, which offers the first overall account of the society, economy and culture of the Roman empire. Addressed to non-specialist readers no less than to scholars, it breaks with the traditional historian's preoccupation with narrative and politics. As an integrated study of the life and outlook of the ordinary inhabitants of the Roman world, it deepens our understanding of the underlying factors in this important formative period of world history." -- Book cover.