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