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The Roman Market Economy (The Princeton Economic History of the Western World (44)) by Peter Temin is a nonfiction available to read on EtoBox.

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What modern economics can tell us about ancient Rome 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 ag

Who reads The Roman Market Economy (The Princeton Economic History of the Western World (44))?

Author

Peter Temin

Publisher

Princeton University Press

Published

2012

Language

EN

ISBN

9781400845422

Category

nonfiction

Subjects

History, Economics, Business

Rating

3.78 / 5 (25 ratings)

Updated

2026-03-14