The Roman market economy

Peter Temin

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.

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  • Preface and Acknowledgments ix 1. Economics and Ancient History 1 Part I: Prices Introduction: Data and Hypothesis Tests 27 2. Wheat Prices and Trade in the Early Roman Empire 29 3. Price Behavior in Hellenistic Babylon 53 Appendix to Chapter 3 66 4. Price Behavior in the Roman Empire 70 Part II: Markets in the Roman Empire Introduction: Roman Microeconomics 95 5. The Grain Trade 97 6. The Labor Market 114 7. Land Ownership 139 8. Financial Intermediation 157 Part III: The Roman Economy Introduction: Roman Macroeconomics 193 9. Growth Theory for Ancient Economies 195 10. Economic Growth in a Malthusian Empire 220 Appendix to Chapter 10 240 11. Per Capita GDP in the Early Roman Empire 243 References 263 Index 289

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書名 The Roman market economy
著作者等 Temin, Peter
シリーズ名 The Princeton economic history of the Western world
出版元 Princeton University Press
刊行年月 c2013
ページ数 xii, 299 p.
大きさ 24 cm
ISBN 9780691147680
NCID BB11252232
※クリックでCiNii Booksを表示
言語 英語
出版国 アメリカ合衆国