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economic problems in rome: Law and the Rural Economy in the Roman Empire Dennis P. Kehoe, 2007-02-07 A bold application of economic theory to help provide an understanding of the role that law played in the development of the Roman economy |
economic problems in rome: Roman Law and Economics Giuseppe Dari-Mattiacci, Dennis P. Kehoe, 2020 Ancient Rome is the only society in the history of the western world whose legal profession evolved autonomously, distinct and separate from institutions of political and religious power. Roman legal thought has left behind an enduring legacy and exerted enormous influence on the shaping of modern legal frameworks and systems, but its own genesis and context pose their own explanatory problems. The economic analysis of Roman law has enormous untapped potential in this regard: by exploring the intersecting perspectives of legal history, economic history, and the economic analysis of law, the two volumes of Roman Law and Economics are able to offer a uniquely interdisciplinary examination of the origins of Roman legal institutions, their functions, and their evolution over a period of more than 1000 years, in response to changes in the underlying economic activities that those institutions regulated. Volume I explores these legal institutions and organizations in detail, from the constitution of the Roman Republic to the management of business in the Empire, while Volume II covers the concepts of exchange, ownership, and disputes, analysing the detailed workings of credit, property, and slavery, among others. Throughout each volume, contributions from specialists in legal and economic history, law, and legal theory are underpinned by rigorous analysis drawing on modern empirical and theoretical techniques and methodologies borrowed from economics. In demonstrating how these can be fruitfully applied to the study of ancient societies, with due deference to the historical context, Roman Law and Economics opens up a host of new avenues of research for scholars and students in each of these fields and in the social sciences more broadly, offering new ways in which different modes of enquiry can connect with and inform each other. |
economic problems in rome: The Roman Market Economy Peter Temin, 2013 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. |
economic problems in rome: Quantifying the Roman Economy Alan Bowman, Andrew Wilson, 2009-06-25 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. |
economic problems in rome: How Rome Fell Adrian Goldsworthy, 2009-05-12 The author discusses how the Roman Empire--an empire without a serious rival--rotted from within, its rulers and institutions putting short-term ambition and personal survival over the wider good of the state. |
economic problems in rome: Mortal Republic Edward J. Watts, 2018-11-06 Learn why the Roman Republic collapsed -- and how it could have continued to thrive -- with this insightful history from an award-winning author. In Mortal Republic, prize-winning historian Edward J. Watts offers a new history of the fall of the Roman Republic that explains why Rome exchanged freedom for autocracy. For centuries, even as Rome grew into the Mediterranean's premier military and political power, its governing institutions, parliamentary rules, and political customs successfully fostered negotiation and compromise. By the 130s BC, however, Rome's leaders increasingly used these same tools to cynically pursue individual gain and obstruct their opponents. As the center decayed and dysfunction grew, arguments between politicians gave way to political violence in the streets. The stage was set for destructive civil wars -- and ultimately the imperial reign of Augustus. The death of Rome's Republic was not inevitable. In Mortal Republic, Watts shows it died because it was allowed to, from thousands of small wounds inflicted by Romans who assumed that it would last forever. |
economic problems in rome: The Ancient Economy Moses I. Finley, 1973 The Ancient Economy holds pride of place among the handful of genuinely influential works of ancient history. This is Finley at the height of his remarkable powers and in his finest role as historical iconoclast and intellectual provocateur. It should be required reading for every student of pre-modern modes of production, exchange, and consumption.--Josiah Ober, author of Political Dissent in Democratic Athens |
economic problems in rome: Why Nations Fail Daron Acemoglu, James A. Robinson, 2013-09-17 Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world. |
economic problems in rome: Money, Culture, and Well-Being in Rome's Economic Development, 0-275 CE Daniel Hoyer, 2018-02-27 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. |
economic problems in rome: Rome's Economic Revolution Philip Kay, 2014 Kay examines the economic change in Rome between the Second Punic War and the middle of the first century BC. He focuses on how the increased inflow of bullion and expansion of the availability of credit resulted in real per capita economic growth in the Italian peninsula, radically changing the composition and scale of the Roman economy. |
economic problems in rome: Escape from Rome Walter Scheidel, 2021-03-16 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. |
economic problems in rome: Poverty in the Roman World Margaret Atkins, Robin Osborne, 2006-10-09 If poor individuals have always been with us, societies have not always seen the poor as a distinct social group. But within the Roman world, from at least the Late Republic onwards, the poor were an important force in social and political life and how to treat the poor was a topic of philosophical as well as political discussion. This book explains what poverty meant in antiquity, and why the poor came to be an important group in the Roman world, and it explores the issues which poverty and the poor raised for Roman society and for Roman writers. In essays which range widely in space and time across the whole Roman Empire, the contributors address both the reality and the representation of poverty, and examine the impact which Christianity had upon attitudes towards and treatment of the poor. |
economic problems in rome: Economic Theory and the Roman Monetary Economy Colin P. Elliott, 2020-02-20 Reconceptualizes economic theory as a tool for understanding the Roman monetary system and its social and cultural contexts. |
economic problems in rome: The Romanization of Britain Martin Millett, 1992-06-11 This book sets out to provide a new synthesis of recent archaeological work in Roman Britain. |
economic problems in rome: The Roman Empire Peter Garnsey, Richard Saller, 2015 During the Principate (roughly 27 BCE to 235 CE), 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? How did the official religion react in the face of the diffusion of alien cults and the emergence of Christianity? These are some of the many questions posed here, in the new, expanded edition of Garnsey and Saller's pathbreaking account of the economy, society, and culture of the Roman Empire. This second edition includes a new introduction that explores the consequences for government and the governing classes of the replacement of the Republic by the rule of emperors. Addenda to the original chapters offer up-to-date discussions of issues and point to new evidence and approaches that have enlivened the study of Roman history in recent decades. A completely new chapter assesses how far Rome’s subjects resisted her hegemony. The bibliography has also been thoroughly updated, and a new color plate section has been added. |
economic problems in rome: Economic Origins of Roman Christianity Robert Burton Ekelund, Robert D. Tollison, 2011-08-15 Using basic concepts of economic theory, the authors explain the origin and subsequent spread of Roman Christianity, showing first how the standard concepts of risk, cost and benefit can account for the demand for religion. |
economic problems in rome: The Limits to Growth Donella H. Meadows, 1972 Examines the factors which limit human economic and population growth and outlines the steps necessary for achieving a balance between population and production. Bibliogs |
economic problems in rome: The Cambridge Companion to the Roman Economy Walter Scheidel, 2012-11-08 Thanks to its exceptional size and duration, the Roman Empire offers one of the best opportunities to study economic development in the context of an agrarian world empire. This volume, which is organised thematically, provides a sophisticated introduction to and assessment of all aspects of its economic life. |
economic problems in rome: The Romans and Trade André Tchernia, 2016-11-10 André Tchernia is one of the leading experts on amphorae as a source of economic history, a pioneer of maritime archaeology, and author of a wealth of articles on Roman trade, notably the wine trade. This book brings together the author's previously published essays, updated and revised, with recent notes and prefaced with an entirely new synthesis of his views on Roman commerce with a particular emphasis on the people involved in it. The book is divided into two main parts. The first is a general study of the structure of Roman trade: Landowners and traders, traders' fortunes, the matter of the market, the role of the state, and dispatching what is required. It tackles the recent debates on Roman trade and Roman economy, providing, original and convincing answers. The second part of the book is a selection of 14 of the author's published papers. They range from discussions of general topics such as the ideas of crisis and competition, the approvisioning of Ancient Rome, trade with the East, to more specialized studies, such as the interpretation of the 33 AD crisis. Overall, the book contains a wealth of insights into the workings of ancient trade and expertly combines discussion of the material evidence-especially of amphorae and wrecks-with the prosopographical approach derived from epigraphic, papyrological and historical data. |
economic problems in rome: Roman Artisans and the Urban Economy Cameron Hawkins, 2016-07-19 Vividly reconstructs economic conditions in ancient Roman cities and the socio-economic strategies of artisans who lived in them. |
economic problems in rome: The Economic Decline of Empires Carlo M. Cipolla, 2013-03-07 The question of why empires decline and fall has attracted the attention of historians for centuries, but remains fundamentally unsolved. This unique collection is concerned with the purely economic aspects of decline. It can be observed of empires in the process of decline that their economies are generally faltering. Here the similarities in different cases of economic decline are identified, bearing in mind that individual histories are characterized by important elements of originality. In his introduction, Professor Cipolla points out that improvements in standards of living brought about by a rising economy lead to more and more people demanding to share the benefits. Incomes increase and extravagances develop, as new needs begin to replace those which have been satisfied. Prosperity spreads to neighbouring countries, which may become a threat and force the empire into greater military expenditure. For these and other reasons, public consumption in mature empires has a tendency to rise sharply and outstrip productivity and, in general, empires seem to resist change. The ten articles in this collection, first published in 1970, examine separate cases of economic decline, from Rome and Byzantium to the more recent histories of the Dutch and Chinese empires, and demonstrate both the resemblances and the peculiarly individual characteristics of each case. |
economic problems in rome: Are We Rome? Cullen Murphy, 2008-05-05 What went wrong in imperial Rome, and how we can avoid it: “If you want to understand where America stands in the world today, read this.” —Thomas E. Ricks The rise and fall of ancient Rome has been on American minds since the beginning of our republic. Depending on who’s doing the talking, the history of Rome serves as either a triumphal call to action—or a dire warning of imminent collapse. In this “provocative and lively” book, Cullen Murphy points out that today we focus less on the Roman Republic than on the empire that took its place, and reveals a wide array of similarities between the two societies (The New York Times). Looking at the blinkered, insular culture of our capitals; the debilitating effect of bribery in public life; the paradoxical issue of borders; and the weakening of the body politic through various forms of privatization, Murphy persuasively argues that we most resemble Rome in the burgeoning corruption of our government and in our arrogant ignorance of the world outside—two things that must be changed if we are to avoid Rome’s fate. “Are We Rome? is just about a perfect book. . . . I wish every politician would spend an evening with this book.” —James Fallows |
economic problems in rome: The Fate of Rome Kyle Harper, 2017-10-02 How devastating viruses, pandemics, and other natural catastrophes swept through the far-flung Roman Empire and helped to bring down one of the mightiest civilizations of the ancient world Here is the monumental retelling of one of the most consequential chapters of human history: the fall of the Roman Empire. The Fate of Rome is the first book to examine the catastrophic role that climate change and infectious diseases played in the collapse of Rome’s power—a story of nature’s triumph over human ambition. Interweaving a grand historical narrative with cutting-edge climate science and genetic discoveries, Kyle Harper traces how the fate of Rome was decided not just by emperors, soldiers, and barbarians but also by volcanic eruptions, solar cycles, climate instability, and devastating viruses and bacteria. He takes readers from Rome’s pinnacle in the second century, when the empire seemed an invincible superpower, to its unraveling by the seventh century, when Rome was politically fragmented and materially depleted. Harper describes how the Romans were resilient in the face of enormous environmental stress, until the besieged empire could no longer withstand the combined challenges of a “little ice age” and recurrent outbreaks of bubonic plague. A poignant reflection on humanity’s intimate relationship with the environment, The Fate of Rome provides a sweeping account of how one of history’s greatest civilizations encountered and endured, yet ultimately succumbed to the cumulative burden of nature’s violence. The example of Rome is a timely reminder that climate change and germ evolution have shaped the world we inhabit—in ways that are surprising and profound. |
economic problems in rome: Crises and the Roman Empire Impact of Empire (Organització). Workshop, 2007 This volume presents the proceedings of the seventh workshop of the international thematic network Impact of Empire, which concentrates on the history of the Roman Empire. It focuses on the impact that crises had on the development and functioning of the Roman Empire from the Republic to Late Imperial times. |
economic problems in rome: Crashed Adam Tooze, 2018-08-07 WINNER OF THE LIONEL GELBER PRIZE A NEW YORK TIMES NOTABLE BOOK OF 2018 ONE OF THE ECONOMIST'S BOOKS OF THE YEAR A NEW YORK TIMES CRITICS' TOP BOOK An intelligent explanation of the mechanisms that produced the crisis and the response to it...One of the great strengths of Tooze's book is to demonstrate the deeply intertwined nature of the European and American financial systems.--The New York Times Book Review From the prizewinning economic historian and author of Shutdown and The Deluge, an eye-opening reinterpretation of the 2008 economic crisis (and its ten-year aftermath) as a global event that directly led to the shockwaves being felt around the world today. We live in a world where dramatic shifts in the domestic and global economy command the headlines, from rollbacks in US banking regulations to tariffs that may ignite international trade wars. But current events have deep roots, and the key to navigating today’s roiling policies lies in the events that started it all—the 2008 economic crisis and its aftermath. Despite initial attempts to downplay the crisis as a local incident, what happened on Wall Street beginning in 2008 was, in fact, a dramatic caesura of global significance that spiraled around the world, from the financial markets of the UK and Europe to the factories and dockyards of Asia, the Middle East, and Latin America, forcing a rearrangement of global governance. With a historian’s eye for detail, connection, and consequence, Adam Tooze brings the story right up to today’s negotiations, actions, and threats—a much-needed perspective on a global catastrophe and its long-term consequences. |
economic problems in rome: The New Deal in Old Rome H. J. Haskell, 2009-02-17 Pulitzer Prize winner, H.J. Haskell examines the stellar rise and fall of the Roman Empire through a unique examination of its social and fiscal policies. Building one of the greatest Empires and economies known to man, Rome creates an intricate chain of war debts with its expansions and deficits while bailing out collapsing industries. There are numerous warnings as great statesmen fight against real estate bubbles and market instabilities. Reviewing the centuries in a comprehensive accounting, Haskel makes it clear that Rome was the first to deal with the problems of a massive, modern economy.As America boldly reaches into a new era of change, The New Deal in Old Rome serves as an amazing historical reference of an earlier world superpower and its economics.Written in a clear and contemporary style, Haskell gives us an intimate look at Rome's problems, leaders, their solutions and the effects of their policies. Forward and Editorial by Shawn Strider. |
economic problems in rome: The Grain Market in the Roman Empire Paul Erdkamp, 2005-11-03 This book explores the economic, social and political forces that shaped the grain market in the Roman Empire. Examining studies on food supply and the grain market in pre-industrial Europe, it addresses questions of productivity, division of labour, market relations and market integration. The social and political aspects of the Roman grain market are also considered. Dr Erdkamp illustrates how entitlement to food in Roman society was dependent on relations with the emperor, his representatives and the landowning aristocracy, and local rulers controlling the towns and hinterlands. He assesses the response of the Roman authorities to weaknesses in the grain market and looks at the implications of the failure of local harvests. By examining the subject from a contemporary perspective, this book will appeal not only to historians of ancient economies, but to all concerned with the economy of grain markets, a subject which still resonates today. |
economic problems in rome: Financial Crisis Management and Democracy Bettina De Souza Guilherme, Christian Ghymers, Stephany Griffith-Jones, Andrea Ribeiro Hoffmann, 2020-12-09 This open access book discusses financial crisis management and policy in Europe and Latin America, with a special focus on equity and democracy. Based on a three-year research project by the Jean Monnet Network, this volume takes an interdisciplinary, comparative approach, analyzing both the role and impact of the EU and regional organizations in Latin America on crisis management as well as the consequences of crisis on the process of European integration and on Latin America’s regionalism. The book begins with a theoretical introduction, exploring the effects of the paradigm change on economic policies in Europe and in Latin America and analyzing key systemic aspects of the unsustainability of the present economic system explaining the global crises and their interconnections. The following chapters are divided into sections. The second section explores aspects of regional governance and how the economic and financial crises were managed on a macro level in Europe and Latin America. The third and fourth sections use case studies to drill down to the impact of the crises at the national and regional levels, including the emergence of political polarization and rise in populism in both areas. The last section presents proposals for reform, including the transition from finance capitalism to a sustainable real capitalism in both regions and at the inter-regional level of EU-LAC relations.The volume concludes with an epilogue on financial crises, regionalism, and domestic adjustment by Loukas Tsoukalis, President of the Hellenic Foundation for European and Foreign Policy (ELIAMEP). Written by an international network of academics, practitioners and policy advisors, this volume will be of interest to researchers and students interested in macroeconomics, comparative regionalism, democracy, and financial crisis management as well as politicians, policy advisors, and members of national and regional organizations in the EU and Latin America. |
economic problems in rome: The Eternal Decline and Fall of Rome Edward J. Watts, 2023-10-11 The Eternal Decline and Fall of Rome tells the story of 2200 years of the use and misuse of the idea of Roman decline by ambitious politicians, authors, and autocrats as well as the people scapegoated and victimized in the name of Roman renewal. It focuses on the long history of a way of describing change that might seem innocuous, but which has cost countless people their lives, liberty, or property across two millennia. |
economic problems in rome: A Writer's Guide to Ancient Rome Carey Fleiner, 2020-02-09 'A really fun idea for a book - and full of great stuff.' Greg Jenner, Public HistorianThis is the perfect guide for any writer who wants to recreate the Roman world accurately in their fiction. It will aid any novelist, screenwriter, games designer or re-enactor in populating their story with authentic characters and scenes, costumes and locations. Written from a historian's perspective, this guide pulls back the curtain to show the reader what life in Ancient Rome was really like: what they wore, what they ate, and how they spent their time at work, at home, at war, and at play. Individual chapters focus on different aspects of Romans' lives, to give you specific knowledge of what they looked like and how they behaved, as well as a broad appreciation of what held their civilisation together, from religion, to the economy, to law and order. You may wish to work your way through the book from cover to cover, or focus specifically on individual chapters as you hone your creative writing skills. Covering the period between 200 BCE and 200 CE, A writer's guide to Ancient Rome surveys the vast amount of sources and scholarship on the Classical world so you don't have to! It outlines current scholarly debates and changing interpretations, suggests further reading, and recommends particular resources to mine for each topic. It gives you plenty to consider while you construct your own Roman world. |
economic problems in rome: The Fall of the Roman Empire Peter Heather, 2007-06-11 Shows how Europe's barbarians, strengthened by centuries of contact with Rome on many levels, turned into an enemy capable of overturning and dismantling the mighty Empire. |
economic problems in rome: Stress Test Timothy F. Geithner, 2014-05-12 New York Times Bestseller Washington Post Bestseller Los Angeles Times Bestseller Stress Test is the story of Tim Geithner’s education in financial crises. As president of the Federal Reserve Bank of New York and then as President Barack Obama’s secretary of the Treasury, Timothy F. Geithner helped the United States navigate the worst financial crisis since the Great Depression, from boom to bust to rescue to recovery. In a candid, riveting, and historically illuminating memoir, he takes readers behind the scenes of the crisis, explaining the hard choices and politically unpalatable decisions he made to repair a broken financial system and prevent the collapse of the Main Street economy. This is the inside story of how a small group of policy makers—in a thick fog of uncertainty, with unimaginably high stakes—helped avoid a second depression but lost the American people doing it. Stress Test is also a valuable guide to how governments can better manage financial crises, because this one won’t be the last. Stress Test reveals a side of Secretary Geithner the public has never seen, starting with his childhood as an American abroad. He recounts his early days as a young Treasury official helping to fight the international financial crises of the 1990s, then describes what he saw, what he did, and what he missed at the New York Fed before the Wall Street boom went bust. He takes readers inside the room as the crisis began, intensified, and burned out of control, discussing the most controversial episodes of his tenures at the New York Fed and the Treasury, including the rescue of Bear Stearns; the harrowing weekend when Lehman Brothers failed; the searing crucible of the AIG rescue as well as the furor over the firm’s lavish bonuses; the battles inside the Obama administration over his widely criticized but ultimately successful plan to end the crisis; and the bracing fight for the most sweeping financial reforms in more than seventy years. Secretary Geithner also describes the aftershocks of the crisis, including the administration’s efforts to address high unemployment, a series of brutal political battles over deficits and debt, and the drama over Europe’s repeated flirtations with the economic abyss. Secretary Geithner is not a politician, but he has things to say about politics—the silliness, the nastiness, the toll it took on his family. But in the end, Stress Test is a hopeful story about public service. In this revealing memoir, Tim Geithner explains how America withstood the ultimate stress test of its political and financial systems. |
economic problems in rome: Money and Government in the Roman Empire Richard Duncan-Jones, 1994-09-15 Rome's conquests gave her access to the accumulated metal resources of most of the known world. An abundant gold and silver coinage circulated within her empire as a result. But coinage changes later suggest difficulty in maintaining metal supplies. By studying Roman coin-survivals in a wider context, Dr Duncan-Jones uncovers important facts about the origin of coin hoards of the Principate. He constructs a new profile of minting, financial policy and monetary circulation, by analysing extensive coin evidence collected for the first time. His findings considerably advance our knowledge of crucial areas of the Roman economy. |
economic problems in rome: Roman Disasters Jerry Toner, 2013-07-10 Roman Disasters looks at how the Romans coped with, thought about, and used disasters for their own ends. Rome has been famous throughout history for its great triumphs. Yet Rome also suffered colossal disasters. From the battle of Cannae, where fifty thousand men fell in a single day, to the destruction of Pompeii, to the first appearance of the bubonic plague, the Romans experienced large scale calamities.Earthquakes, fires, floods and famines also regularly afflicted them. This insightful book is the first to treat such disasters as a conceptual unity. It shows that vulnerability to disasters was affected by politics, social status, ideology and economics. Above all, it illustrates how the resilience of their political and cultural system allowed the Romans to survive the impact of these life-threatening events. The book also explores the important role disaster narratives played in Christian thought and rhetoric. Engaging and accessible, Roman Disasters will be enjoyed by students and general readers alike. |
economic problems in rome: The Fall of Rome Bryan Ward-Perkins, 2006-07-12 Why did Rome fall? Vicious barbarian invasions during the fifth century resulted in the cataclysmic end of the world's most powerful civilization, and a 'dark age' for its conquered peoples. Or did it? The dominant view of this period today is that the 'fall of Rome' was a largely peaceful transition to Germanic rule, and the start of a positive cultural transformation. Bryan Ward-Perkins encourages every reader to think again by reclaiming the drama and violence of the last days of the Roman world, and reminding us of the very real horrors of barbarian occupation. Attacking new sources with relish and making use of a range of contemporary archaeological evidence, he looks at both the wider explanations for the disintegration of the Roman world and also the consequences for the lives of everyday Romans, in a world of economic collapse, marauding barbarians, and the rise of a new religious orthodoxy. He also looks at how and why successive generations have understood this period differently, and why the story is still so significant today. |
economic problems in rome: Famine and Food Supply in the Graeco-Roman World Peter Garnsey, 1988 The first full-length study of famine in antiquity. The study provides detailed case studies of Athens and Rome, the best known states of antiquity, but also illuminates the institutional response to food crisis in the mass of ordinary cities in the Mediterranean world. Ancient historians have generally shown little interest in investigating the material base of the unique civilisations of the Graeco-Roman world, and have left unexplored the role of the food supply in framing the central institutions and practices of ancient society. |
economic problems in rome: Rome at War Nathan Rosenstein, 2005-12-15 Historians have long asserted that during and after the Hannibalic War, the Roman Republic's need to conscript men for long-term military service helped bring about the demise of Italy's small farms and that the misery of impoverished citizens then became fuel for the social and political conflagrations of the late republic. Nathan Rosenstein challenges this claim, showing how Rome reconciled the needs of war and agriculture throughout the middle republic. The key, Rosenstein argues, lies in recognizing the critical role of family formation. By analyzing models of families' needs for agricultural labor over their life cycles, he shows that families often had a surplus of manpower to meet the demands of military conscription. Did, then, Roman imperialism play any role in the social crisis of the later second century B.C.? Rosenstein argues that Roman warfare had critical demographic consequences that have gone unrecognized by previous historians: heavy military mortality paradoxically helped sustain a dramatic increase in the birthrate, ultimately leading to overpopulation and landlessness. |
economic problems in rome: Economic and Social History of Medieval Europe Henri Pirenne, 2015-10-15 First published in 2005. This original study the author writing in 1936 has tried to sketch the character and general movement of the economic and social evolution of Western Europe from the end of the Roman Empire to the middle of the fifteenth century. |
economic problems in rome: The History of the Decline and Fall of the Roman Empire Edward Gibbon, 1827 |
economic problems in rome: Coinage in the Roman Economy, 300 B.C. to A.D. 700 Kenneth W. Harl, 1996-07-12 In Coinage in the Roman Economy, 300 B.C. to A.D. 700, noted classicist and numismatist Kenneth W. Harl brings together these two fields in the first comprehensive history of how Roman coins were minted and used. |
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• Rome supported the provinces by building roads and aqueducts and providing protection in case of attack. • The final collapse of the Western Empire occurred in C.E. 476. • Roman emperors …
Diplomatic Mobility and Persuasion between Rome and the …
imperial times continued to be aimed largely at the city of Rome. Nevertheless, the mobility of people concerned with political communica-tion and diplomacy did clearly decrease from the …
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this time, Rome had 22 different emperors. Poor leadership was not Rome’s only difficulty. Fewer Romans honored the old ideals of duty, courage, and honesty. Many government officials took …
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Rome supported the provinces by building roads and aqueducts and providing protection in case of attack. The final collapse of the Western Empire occurred in C.E 476. Roman emperors …
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Rome’s influence far and wide. The Republic Collapses Rome’s increasing wealth and expanding boundaries brought many problems. The most serious were growing discontent among the …
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quite modest. But as average income increases with economic progress, this constraint on inequality is lifted; the surplus increases, and the maximum possible inequality compatible with …
Rome in 49 B.C. provoked a crisis that was in some degree …
The purpose of the following pages is to study the problem of debt in Rome of the Ciceronian age. A part of this argument will be uncontroversial or at least familiar; that ... In general, see T. …
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