Farmers and Agriculture in the Roman Economy


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.




Law and the Rural Economy in the Roman Empire


Book Description

A bold application of economic theory to help provide an understanding of the role that law played in the development of the Roman economy




The Roman Agricultural Economy


Book Description

This collection presents new analyses for the nature and scale of Roman agriculture. It outlines the fundamental features of agricultural production through studying the documentary and archaeological evidence for the modes of land exploitation and the organisation, development of, and investment in this sector.




Money in the Late Roman Republic


Book Description

Roman monetary history has tended to focus on the study of Roman coinage but other assets regularly functioned as, or in place of, money. This book places coinage in its broader monetary context by also examining the role of bullion, financial instruments, and commodities such as grain and wine in making payments, facilitating exchange, measuring value and storing wealth. The use of such assets reduced the demand for coinage in some sectors of the economy and is a crucial factor in determining the impact of the large increase in the coin supply during the last century of the Republic. Money demand theory suggests that increased coin production led to further monetization, not per capita economic growth.




Capital, Investment, and Innovation in the Roman World


Book Description

Investment in capital and innovation in its uses are often considered the linchpin of modern economic growth, but has this always been so? This volume aims to shed new light on the ancient Roman economy in the first book-length contribution focusing on the allocation and uses of capital and credit and the role of innovation in the Roman world.




Harvesting the Sea


Book Description

Marzano explores the exploitation of marine resources in the Roman world and its role within the economy. Bringing together literary, epigraphic, archaeological, and legal sources, she shows that these marine resources were an important feature of the Roman economy and paralleled phenomena taking place in the Roman agricultural economy on land.




The Cambridge Economic History of the Greco-Roman World


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.




A Companion to Ancient Agriculture


Book Description

The first book-length overview of agricultural development in the ancient world A Companion to Ancient Agriculture is an authoritative overview of the history and development of agriculture in the ancient world. Focusing primarily on the Near East and Mediterranean regions, this unique text explores the cultivation of the soil and rearing of animals through centuries of human civilization—from the Neolithic beginnings of agriculture to Late Antiquity. Chapters written by the leading scholars in their fields present a multidisciplinary examination of the agricultural methods and influences that have enabled humans to survive and prosper. Consisting of thirty-one chapters, the Companion presents essays on a range of topics that include economic-political, anthropological, zooarchaeological, ethnobotanical, and archaeobotanical investigation of ancient agriculture. Chronologically-organized chapters offer in-depth discussions of agriculture in Bronze Age Egypt and Mesopotamia, Hellenistic Greece and Imperial Rome, Iran and Central Asia, and other regions. Sections on comparative agricultural history discuss agriculture in the Indian subcontinent and prehistoric China while an insightful concluding section helps readers understand ancient agriculture from a modern perspective. Fills the need for a full-length biophysical and social overview of ancient agriculture Provides clear accounts of the current state of research written by experts in their respective areas Places ancient Mediterranean agriculture in conversation with contemporary practice in Eastern and Southern Asia Includes coverage of analysis of stable isotopes in ancient agricultural cultivation Offers plentiful illustrations, references, case studies, and further reading suggestions A Companion to Ancient Agriculture is a much-needed resource for advanced students, instructors, scholars, and researchers in fields such as agricultural history, ancient economics, and in broader disciplines including classics, archaeology, and ancient history.




The Economy of Pompeii


Book Description

This book is the first to address, from a variety of perspectives, the economy of the Roman city of Pompeii. It uses archaeological and textual evidence to discuss topics as diverse as agriculture in the fertile plains at the foot of mount Vesuvius, diet and health, manufacturing, urban investment, consumption, trade and money.




The Roman Market Economy


Book Description

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.