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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.
This book reveals how an empire that stretched from Glasgow to Aswan in Egypt could be ruled from a single city and still survive more than a thousand years. The Government of the Roman Empire is the only sourcebook to concentrate on the administration of the empire, using the evidence of contemporary writers and historians. Specifically designed for students, with extensive cross-referencing, bibliographies and introductions and explanations for each item, this new edition brings the book right up-to-date, and makes it the ideal resource for students of the subject.
A bold application of economic theory to help provide an understanding of the role that law played in the development of the Roman economy
Duncan-Jones presents a series of studies and debates on interlocking themes which explore central areas of the Roman economy and the ways those areas connect and interact. The studies are grouped into five sections: Time and Distance, Demography and Manpower, Agrarian Patterns, The World of Cities, and Tax-payment and Tax-assessment.
In the first century BC lending and borrowing by the senators was the talk of Rome and even provoked political crises. During this same period, the state tax-farmers were handling enormous sums and exploiting the provinces of the Empire. Until now no book has presented a synthetic view of Roman banking and financial life as a whole, from the time of the appearance of the first bankers' shops in the Forum between 318 and 310 BC down to the end of the Principate in AD 284. Professor Andreau writes of the business deals of the elite and the professional bankers and also of the interventions of the state. To what extent did the spirit of profit and enterprise predominate over the traditional values of the city of Rome? And what economic role did these financiers play? How should we compare that role to that of their counterparts in later periods.
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.
In this highly original work, Christopher Kelly paints a remarkable picture of running a superstate. He portrays a complex system of government openly regulated by networks of personal influence and the payment of money. Focusing on the Roman Empire after Constantine's conversion to Christianity, Kelly illuminates a period of increasingly centralized rule through an ever more extensive and intrusive bureaucracy. The book opens with a view of its times through the eyes of a high-ranking official in sixth-century Constantinople, John Lydus. His On the Magistracies of the Roman State, the only memoir of its kind to come down to us, gives an impassioned and revealing account of his career and the system in which he worked. Kelly draws a wealth of insight from this singular memoir and goes on to trace the operation of power and influence, exposing how these might be successfully deployed or skillfully diverted by those wishing either to avoid government regulation or to subvert it for their own ends. Ruling the Later Roman Empire presents a fascinating procession of officials, emperors, and local power brokers, winners and losers, mapping their experiences, their conflicting loyalties, their successes, and their failures. This important book elegantly recaptures the experience of both rulers and ruled under a sophisticated and highly successful system of government.
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.
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.
At the outset of the period covered by this book, Rome was the greatest power in the world. By its end, it had fallen conclusively from this dominant position. David Potter's comprehensive survey of two critical and eventful centuries traces the course of imperial decline.