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Author : Colin P. Elliott
Publisher : Cambridge University Press
Page : 225 pages
File Size : 42,9 Mb
Release : 2020-02-20
Category : Business & Economics
ISBN : 9781108418607
Reconceptualizes economic theory as a tool for understanding the Roman monetary system and its social and cultural contexts.
Author : Daniel Hoyer
Publisher : BRILL
Page : 229 pages
File Size : 40,5 Mb
Release : 2018-02-27
Category : History
ISBN : 9789004358287
In Money, Culture, and Well-Being in Rome's Economic Development, 0-275 CE, Daniel Hoyer offers a new approach to explain some of the remarkable achievements of Imperial Rome
Author : Katharina John
Publisher : GRIN Verlag
Page : 57 pages
File Size : 51,9 Mb
Release : 2007-11
Category : Electronic
ISBN : 9783638864961
Seminar paper from the year 2007 in the subject Economics - Monetary theory and policy, grade: 2,0, Vienna University of Economics and Business, course: Seminar Business English, 47 entries in the bibliography, language: English, abstract: The transition from barter economic systems to early monetary economies in Europe took place at around 700 BC. Ancient Greece (1000 BC - 323 BC) and afterwards the Roman Republic (509 BC - 44/27 BC) successfully established simple coinage systems with currencies like the denarius that already managed to fulfil the three modern economic functions that distinguish money from all other assets. In line with an ancient "free-market"-regulatory system during the early years of the Roman Empire (44/27 BC - 476 AD) the denarius subsequently paved the way for a tremendous enlargement of foreign trade, thus marking off the beginning of modern "free" trade. On the other hand, the Romans were the first who suffered from the negative aspects and challenges of a market economy: since modern principles as social and income justice as well as price stability were fully disregarded, the Romans were facing financial inequality, hyperinflation, and cultural erosion of their "way of living". Their fiscal and monetary policy harshly failed to finance long-term public expenditure, in particular military expenditures and imperial bribes. This imperfect competitive system is one of the main reasons for the disastrous collapse of the (Western) Roman Empire. However, this erroneous trend cannot only be assessed for ancient market systems: inflation during the years 1914-1923 in the German Reich and Weimar Republic also showed negative economical implications of hyperinflation including intense individual suffering and social impairment. Accompanied by the Black Tuesday of 1929 the German inflation finally fuelled political extremist fractions and amplified distrust towards economic institutions and legitimate democratic authorities.
Author : W. V. Harris
Publisher : OUP Oxford
Page : 344 pages
File Size : 45,6 Mb
Release : 2010-04-29
Category : History
ISBN : 9780191615177
Most people have some idea what Greeks and Romans coins looked like, but few know how complex Greek and Roman monetary systems eventually became. The contributors to this volume are numismatists, ancient historians, and economists intent on investigating how these systems worked and how they both did and did not resemble a modern monetary system. Why did people first start using coins? How did Greeks and Romans make payments, large or small? What does money mean in Greek tragedy? Was the Roman Empire an integrated economic system? This volume can serve as an introduction to such questions, but it also offers the specialist the results of original research.
Author : Augusto Graziani
Publisher : Cambridge University Press
Page : 190 pages
File Size : 48,5 Mb
Release : 2003-09-04
Category : Business & Economics
ISBN : 9781139438001
In mainstream economic theory money functions as an instrument for the circulation of commodities or for keeping a stock of liquid wealth. In neither case is it considered fundamental to the production of goods or the distribution of income. Augusto Graziani challenges traditional theories of monetary production, arguing that a modern economy based on credit cannot be understood without a focus on the administration of credit flows. He argues that market asset configuration depends not upon consumer preferences and available technologies but on how money and credit are managed. A strong exponent of the circulation theory of monetary production, Graziani presents an original and perhaps controversial argument that will stimulate debate on the topic.
Author : Peter Temin
Publisher : Princeton University Press
Page : 318 pages
File Size : 52,6 Mb
Release : 2013
Category : Business & Economics
ISBN : 9780691147680
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.
Author : Richard Saller
Publisher : Princeton University Press
Page : 216 pages
File Size : 46,7 Mb
Release : 2023-12-05
Category : Business & Economics
ISBN : 9780691229560
"Recent works by economic historians of early modern Europe have argued for a link between encyclopedias of the 18th century and the developments culminating in the Industrial Revolution. Diderot and D'Alembert's great Encyclopedie aimed to disseminate useful knowledge for productive growth and was one of the most visible contributions to what economic historian Joel Mokyr has labelled a "culture of growth." While the Ancient Romans didn't have anything like these encyclopedias, they did have its very popular and acknowledged ancestor, the thirty-seven books of Pliny's Natural History. Much has been written about Pliny's view of nature, his scientific thought, his ideology of empire, and so on, but there has been no comparable effort to probe Pliny's economic views and the impact, if any, of his history on Roman economic growth. In Pliny's Roman Economy, eminent Roman historian Richard Saller aims to bring together the economic observations and instances of financial reasoning scattered throughout the Natural History. Taken together, they do not amount to a discipline of "economics," but, Saller argues they do provide insights into Pliny's views about different forms of production and commerce, about labor and agency, about price formation and profitability, about investment and consumption and about technology. Combined with archaeological and other evidence, Pliny's work can also provide us with one of our best textual pictures of the working of the Roman economy"--
Author : Harry Gordon Johnson
Publisher : Unknown
Page : 632 pages
File Size : 40,6 Mb
Release : 1873
Category : Commercial policy
ISBN : CHI:11126737
Author : Ludwig Von Mises
Publisher : Ludwig von Mises Institute
Page : 507 pages
File Size : 53,5 Mb
Release : 1953
Category : Credit
ISBN : 9781610163224
Author : David B. Hollander
Publisher : BRILL
Page : 208 pages
File Size : 51,5 Mb
Release : 2007-04-30
Category : History
ISBN : 9789047419129
Like coinage, bullion, financial instruments and a variety of commodities played an important role in Rome's monetary system. This book examines how the availability of such assets affected the demand for coinage and the development of the late Republican economy.
Author : Constantina Katsari
Publisher : Cambridge University Press
Page : 315 pages
File Size : 54,6 Mb
Release : 2011-02-24
Category : History
ISBN : 9781139496643
The Roman monetary system was highly complex. It involved official Roman coins in both silver and bronze, which some provinces produced while others imported them from mints in Rome and elsewhere, as well as, in the East, a range of civic coinages. This is a comprehensive study of the workings of the system in the Eastern provinces from the Augustan period to the third century AD, when the Roman Empire suffered a monetary and economic crisis. The Eastern provinces exemplify the full complexity of the system, but comparisons are made with evidence from the Western provinces as well as with appropriate case studies from other historical times and places. The book will be essential for all Roman historians and numismatists and of interest to a broader range of historians of economics and finance.
Author : Faruk Ülgen,Ramon Tortajada,Matthieu Méaulle,Rémi Stellian
Publisher : Routledge
Page : 280 pages
File Size : 49,7 Mb
Release : 2013-08-21
Category : Business & Economics
ISBN : 9781135902841
This book sheds light on some of the most recent developments in monetary analysis which offer a theoretical framework for a renewed monetary approach and related policy extensions. It points to recent research on what a consistent and broad-scope monetary theory could be based in the twenty-first century. It highlights new interpretations of monetary theory as put forth by some leading economists since the eighteenth century and new developments in the analysis of current monetary issues.
Author : Hasse Ekstedt
Publisher : Routledge
Page : 314 pages
File Size : 52,8 Mb
Release : 2013
Category : Business & Economics
ISBN : 9780415697392
This book argues that the treatment of money and monetary matters in economic theory has traditionally been incomplete and inconsistent, and puts forward a new approach both to money and to its role in economic theory.
Author : Geoffrey Ingham
Publisher : John Wiley & Sons
Page : 264 pages
File Size : 43,5 Mb
Release : 2013-05-29
Category : Social Science
ISBN : 9780745638034
In this important new book, Geoffrey Ingham draws on neglected traditions in the social sciences to develop a theory of the ‘social relation’ of money. Genuinely multidisciplinary approach, based on a thorough knowledge of theories of money in the social sciences An original development of the neglected heterodox theories of money New histories of the origins and development of forms of money and their social relations of production in different monetary systems A radical interpretation of capitalism as a particular type of monetary system and the first sociological outline of the institutional structure of the social production of capitalist money A radical critique of recent writing on global e-money, the so-called ‘end of money’, and new monetary spaces such as the euro.
Author : Thomas J. Sargent,François R. Velde
Publisher : Princeton University Press
Page : 434 pages
File Size : 42,8 Mb
Release : 2003-11-23
Category : Antiques & Collectibles
ISBN : 0691116350
This text offers an explanation of how a problem that dogged monetary authorities for hundreds of years was finally solved. It amounts to a history of how commodity money (money literally worth its weight in gold) became fiat money (money not literally equal to the value claimed for it).