The Roman Bazaar

The Roman Bazaar
Author: Peter Fibiger Bang
Publisher: Cambridge University Press
Total Pages: 0
Release: 2011-06-30
Genre: History
ISBN: 9780521300704

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.

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

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

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 Extramercantile Economies of Greek and Roman Cities

The Extramercantile Economies of Greek and Roman Cities
Author: David B. Hollander
Publisher: Routledge
Total Pages: 185
Release: 2019-04-16
Genre: Business & Economics
ISBN: 1351004808

Recent work on the ancient economy has tended to concentrate on market exchange, but other forces also caused goods to change hands. Such nonmarket transfers ranged from small private gifts to the wholesale confiscation of cities, lands, and their peoples. The papers presented in this volume examine aspects of this extramercantile economy, particularly benefaction and the role of associations, as well as their impact on the market economy. This volume brings together ancient historians, New Testament scholars, and classicists to assess critically the New Institutional Economics framework. Combining theoretical approaches with detailed investigations of particular regions and topics, its chapters examine Greek economic thought, the benefits of membership in private associations, and the economic role of civic euergetism from classical Athens to the municipalities of Roman Spain. The Extramercantile Economies of Greek and Roman Cities will be of use to those interested in the economic context of ancient religions, the role of associations in the economy, theoretical approaches to the study of the ancient economy, labor and politics in the ancient city, as well as how Greek philosophers, from Xenophon to Philodemus, developed ethical ideas about economic behavior.

Social Stratification of the Jewish Population of Roman Palestine in the Period of the Mishnah, 70–250 CE

Social Stratification of the Jewish Population of Roman Palestine in the Period of the Mishnah, 70–250 CE
Author: Ben Zion Rosenfeld
Publisher: BRILL
Total Pages: 248
Release: 2020-05-11
Genre: Religion
ISBN: 9004418938

This book analyzes Jewish society in Roman Palestine in the time of the Mishnah (70–250 CE) in a systematic way, carefully delineating the various economic groups living therein, from the destitute, to the poor, to the middling, to the rich, and to the superrich. It gleans the various socioeconomic strata from the terminology employed by contemporary literary sources via contextual, philological, and historical-critical analysis. It also takes a multidisciplinary approach to analyze and interpret relevant archeological and inscriptional evidence as well as numerous legal sources. The research presented herein shows that various expressions in the sources have latent meanings that indicate socioeconomic status. “Rich,” for example, does not necessarily refer to the elite, and “poor” does not necessarily refer to the destitute. Jewish society consisted of groups on a continuum from extremely poor to extremely rich, and the various middling groups played a more important role in the economy than has hitherto been thought.

Complexity Economics

Complexity Economics
Author: Koenraad Verboven
Publisher: Springer Nature
Total Pages: 372
Release: 2020-11-25
Genre: Business & Economics
ISBN: 303047898X

Economic archaeology and ancient economic history have boomed the past decades. The former thanks to greatly enhanced techniques to identify, collect, and interpret material remains as proxies for economic interactions and performance; the latter by embracing the frameworks of new institutional economics. Both disciplines, however, still have great difficulty talking with each other. There is no reliable method to convert ancient proxy-data into the economic indicators used in economic history. In turn, the shared cultural belief-systems underlying institutions and the symbolic ways in which these are reproduced remain invisible in the material record. This book explores ways to bring both disciplines closer together by building a theoretical and methodological framework to evaluate and integrate archaeological proxy-data in economic history research. Rather than the linear interpretations offered by neoclassical or neomalthusian models, we argue that complexity economics, based on system theory, offers a promising way forward.

Reframing the Roman Economy

Reframing the Roman Economy
Author: Dimitri Van Limbergen
Publisher: Springer Nature
Total Pages: 423
Release: 2022-11-17
Genre: Business & Economics
ISBN: 3031062817

This book focuses on those features of the Roman economy that are less traceable in text and archaeology, and as a consequence remain largely underexplored in contemporary scholarship. By reincorporating, for the first time, these long-obscured practices in mainstream scholarly discourses, this book offers a more complete and balanced view of an economic system that for too long has mostly been studied through its macro-economic and large-scale – and thus archaeologically and textually omnipresent – aspects. The topic is approached in five thematic sections, covering unusual actors and perspectives, unusual places of production, exigent landscapes of exploitation, less-visible products and artefacts, and divergent views on emblematic economic spheres. To this purpose, the book brings together a select group of leading scholars and promising early career researchers in archaeology and ancient economic history, well positioned to steer this ill-developed but fundamental field of the Roman economy in promising new directions.

A History of Market Performance

A History of Market Performance
Author: R.J. Van der Spek
Publisher: Routledge
Total Pages: 576
Release: 2014-09-04
Genre: Business & Economics
ISBN: 1317918495

This exciting new volume examines the development of market performance from Antiquity until the dawn of the Industrial Revolution. Efficient market structures are agreed by most economists to serve as evidence of economic prosperity, and to be prerequisites for further economic growth. However, this is the first study to examine market performance as a whole, over such a large time period. Presenting a hitherto unknown and inaccessible corpus of data from ancient Babylonia, this international set of contributors are for the first time able to offer an in-depth study of market performance over a period of 2,500 years. The contributions focus on the market of staple crops, as they were crucial goods in these societies. Over this entire period, all papers provide a similar conceptual and methodological framework resting on a common definition of market performance combined with qualitative and quantitative analyses resting on new and improved price data. In this way, the book is able to combine analysis of the Babylonian period with similar work on the Roman, Early-and Late Medieval and Early Modern period. Bringing together input from assyriologists, ancient historians, economic historians and economists, this volume will be crucial reading for all those with an interest in ancient history, economic history and economics.

Materialising the Roman Empire

Materialising the Roman Empire
Author: Jeremy Tanner
Publisher: UCL Press
Total Pages: 354
Release: 2024-03-19
Genre: History
ISBN: 180008398X

Materialising the Roman Empire defines an innovative research agenda for Roman archaeology, highlighting the diverse ways in which the Empire was made materially tangible in the lives of its inhabitants. The volume explores how material culture was integral to the processes of imperialism, both as the Empire grew, and as it fragmented, and in doing so provide up-to-date overviews of major topics in Roman archaeology. Each chapter offers a critical overview of a major field within the archaeology of the Roman Empire. The book’s authors explore the distinctive contribution that archaeology and the study of material culture can make to our understanding of the key institutions and fields of activity in the Roman Empire. The initial chapters address major technologies which, at first glance, appear to be mechanisms of integration across the Roman Empire: roads, writing and coinage. The focus then shifts to analysis of key social structures oriented around material forms and activities found all over the Roman world, such as trade, urbanism, slavery, craft production and frontiers. Finally, the book extends to more abstract dimensions of the Roman world: art, empire, religion and ideology, in which the significant themes remain the dynamics of power and influence. The whole builds towards a broad exploration of the nature of imperial power and the inter-connections that stimulated new community identities and created new social divisions.

Trade, Commerce, and the State in the Roman World

Trade, Commerce, and the State in the Roman World
Author: Andrew Wilson
Publisher: Oxford University Press
Total Pages: 679
Release: 2018
Genre: Architecture
ISBN: 019879066X

In this volume, papers by leading Roman historians and archaeologists discuss trade within the Roman Empire and beyond its frontiers between c.100 BC and AD 350, focusing especially on the role of the Roman state in shaping the institutional framework for trade. As part of a novel interdisciplinary approach to the subject, the chapters address its myriad facets on the basis of broadly different sources of evidence - historical, papyrological, andarchaeological - demonstrating how collaborations with the elite holders of wealth within the empire fundamentally changed its political character in the longer term.