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Capital, Investment, and Innovation in the Roman World

Author: Paul Erdkamp

Publisher: Oxford University Press

Published: 2020-02-18

Total Pages: 508

ISBN-13: 0192578960

Investment in capital, both physical and financial, and innovation in its uses are often considered the linchpin of modern economic growth, while credit and credit markets now seem to determine the wealth - as well as the fate - of nations. Yet was it always thus? The Roman economy was large, complex, and sophisticated, but in terms of its structural properties did it look anything like the economies we know and are familiar with today? Through consideration of the allocation and uses of capital and credit and the role of innovation in the Roman world, the individual essays comprising this volume go straight to the heart of the matter, exploring such questions as how capital in its various forms was generated, allocated, and employed in the Roman economy; whether the Romans had markets for capital goods and credit; and whether investment in capital led to innovation and productivity growth. Their authors consider multiple aspects of capital use in agriculture, water management, trade, and urban production, and of credit provision, finance, and human capital, covering different periods of Roman history and ranging geographically across Italy and elsewhere in the Roman world. Utilizing many different types of written and archaeological evidence, and employing a range of modern theoretical perspectives and methodologies, the contributors, an expert international team of historians and archaeologists, have produced the first book-length contribution to focus exclusively on (physical and financial) capital in the Roman world; a volume that is aimed not only at specialists in the field, but also at economic historians and archaeologists specializing in other periods and places.

Capital, Investment, and Innovation in the Roman World

Author: Paul Erdkamp

Publisher: Oxford University Press, USA

Published: 2020-02

Total Pages: 508

ISBN-13: 0198841841

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Work, Labour, and Professions in the Roman World

Author:

Publisher: BRILL

Published: 2016-10-11

Total Pages: 369

ISBN-13: 9004331689

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Work, Labour, and Professions in the Roman World offers new insights, ideas and interpretations on the role of labour and human resources in the Roman economy. The book approaches labour not only as an economic phenomenon, but gives attention also to work as social and cultural phenomenon.

The Real Estate Market in the Roman World

Author: Marta García Morcillo

Publisher: Taylor & Francis

Published: 2023-03-22

Total Pages: 303

ISBN-13: 1000845540

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As it is today, the property market was a key and dynamic economic sector in Ancient Rome. Its study demands a deep understanding of Roman society, of the normative frameworks and the notions of wealth, value, identity and status that shaped individual and collective mentalities. This book takes a multisided insight into real estate as the subject of short- and long-term economic investments, of speculative businesses ventures, of power abuses and inequalities, of social aspirations, but also of essential housing needs. The volume discusses thoroughly relevant and new literary, legal, epigraphic, papyrological and archaeological evidence, and incorporates comparative historical perspectives and methodologies, including economic theory and current, critical sociological debates about the functioning of modern real estate markets and issues linked to its commodification and regulation. In pursuing this line of enquiry, the contributions that make up the book investigate the impact of ideas such as profit, risk, security and trust in transfers, management and use of residential houses, commercial buildings and productive estates in urban and rural contexts. The work further evaluates the legal responses to and the public enforcement strategies concerning such activities, the high mobility of fortunes and unstable property-rights that resulted from one-off but also structural, political, financial, economic and institutional crises that marked the history of the Roman Republic and Principate. This book aims to demonstrate the relevance of the study of pre-modern real estate markets today, and will be of significant interest to readers of economic history as well as Roman law, Roman archaeology, the history of urbanism and social history.

Law and Economic Performance in the Roman World

Author:

Publisher: BRILL

Published: 2022-09-26

Total Pages: 295

ISBN-13: 9004525130

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Were legal systems in the Roman empire conducive to economic growth and development? Were legal rules and procedure changed in response to economic needs? This book offers detailed studies to provide some answers to these basic questions.

The Economy of Roman Religion

Author: Andrew Wilson

Publisher: Oxford University Press

Published: 2023-06-22

Total Pages: 375

ISBN-13: 0192883534

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This interdisciplinary edited volume presents twelve papers by Roman historians and archaeologists, discussing the interconnected relationship between religion and the Roman economy over the period c. 500 BC to AD 350. The connection between Roman religion and the economy has largely been ignored in work on the Roman economy, but this volume explores the many complex ways in which economic and religious thinking and activities were interwoven, from individuals to institutions. The broad geographic and chronological scope of the volume engages with a notable variety of evidence: epigraphic, archaeological, historical, papyrological, and zooarchaeological. In addition to providing case studies that draw from the rich archaeological, documentary, and epigraphic evidence, the volume also explores the different and sometimes divergent pictures offered by these sources (from discrepancies in the cost of religious buildings, to the tensions between piety and ostentatious donation). The edited collection thus bridges economic, social, and religious themes. The volume provides a view of a society in which religion had a central role in economic activity on an institutional to individual scale. The volume allows an evaluation of impact of that activity from both financial and social viewpoints, providing a new perspective on Roman religion - a perspective to which a wide range of archaeological and documentary evidence, from animal bone to coins and building costs, has contributed. As a result, this volume not only provides new information on the economy of Roman religion: it also proposes new ways of looking at existing bodies of evidence.

Handbook of Ancient Afro-Eurasian Economies

Author: Sitta von Reden

Publisher: Walter de Gruyter GmbH & Co KG

Published: 2021-12-20

Total Pages: 1131

ISBN-13: 3110604930

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The second volume of the Handbook describes different extractive economies in the world regions that have been outlined in the first volume. A wide range of economic actors – from kings and armies to cities and producers – are discussed within different imperial settings as well as the tools, which enabled and constrained economic outcomes. A central focus are nodes of consumption that are visible in the archaeological and textual records of royal capitals, cities, religious centers, and armies that were stationed, in some cases permanently, in imperial frontier zones. Complementary to the multipolar concentrations of consumption are the fiscal-tributary structures of the empires vis-à-vis other institutions that had the capacity to extract, mobilize, and concentrate resources and wealth. Larger volumes of state-issued coinage in various metals show the new role of coinage in taxation, local economic activities, and social practices, even where textual evidence is absent. Given the overwhelming importance of agriculture, the volume also analyses forms of agrarian development, especially around cities and in imperial frontier zones. Special consideration is given to road- and water-management systems for which there is now sufficient archaeological and documentary evidence to enable cross-disciplinary comparative research.

Athletes and Artists in the Roman Empire

Author: Bram Fauconnier

Publisher: Cambridge University Press

Published: 2023-02-09

Total Pages: 417

ISBN-13: 1009202812

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This is the first comprehensive study of the associations of athletes and artists in the Roman empire. The xystic synod of athletes and the thymelic synod of artists were the only ancient associations that operated on a pan-Mediterranean scale. They were active from southern Gaul to Syria and Egypt and were therefore styled 'ecumenical synods'. They played a key role in Greek festival culture during the imperial period: not only did they defend the professional interests of their members, they also contributed to the organisation of competitions and the maintenance of the festival network. Due to their cultural activities, their connections with the imperial court and their ramified social networks, they left a distinctive stamp on Greco-Roman elite culture during the Principate. Drawing on all available documentation, this book offers new insights into the history and workings of these remarkable associations.

Credit and Usury in Jewish Society in the Mishnah and Talmud

Author: Ben Zion Rosenfeld

Publisher: BRILL

Published: 2023-12-05

Total Pages: 268

ISBN-13: 9004681965

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Credit is the oxygen of every society. In many cases we wonder why the rabbis prohibit certain business credit transactions considering them usury. The writer uses literary and epigraphic sources to decipher the rabbinic approach. This book shows how rabbinic legislation innovatively expand the Torah prohibition of usury in loans to all fields of credit. It is a pioneering inquiry regarding rabbinic literature compiled under Roman and Sasanid rule, helping to fill the void in research concerning credit. It also distinguishes various kinds of credit differentiating credit of money for money, or products, exposing the ramifications of the rabbinic legislation.

Capital in Classical Antiquity

Author: Max Koedijk

Publisher: Springer Nature

Published: 2022-07-26

Total Pages: 392

ISBN-13: 3030938344

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This book discusses the extent to which Thomas Piketty’s work can offer a model for ancient economic history, both methodologically and politically. The book derives from a research workshop in Berlin in April 2018, which brought together a group of established and early career scholars to discuss the implications of Piketty’s work and related themes for classical antiquity. Key questions reflected in the text include:d: How should we characterise the ‘development’ of the economy/economies of the classical Mediterranean, in relation to the role of ‘capital’ and the prevalence of inequality? How was wealth, both public and private, evaluated and managed? How much of the wealth of their society did the ancient 1% control – and is their dominance better understood in terms of the power of capital, or the role of predation and state capture? How far did certain ancient polities – above all the Greek city-states – succeed in placing limits on the power of the rich and integrating their interests with those of the masses? Did inequality increase between the height of the Roman Principate and late antiquity, as is often believed? This book will be valuable reading for academics and students working in economic history, ancient history, and other related fields.