Capital, Investment, and Innovation in the Roman World

Capital, Investment, and Innovation in the Roman World PDF Author: Paul Erdkamp
Publisher: Oxford University Press
ISBN: 0192578960
Category : History
Languages : en
Pages : 443

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Book Description
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

Capital, Investment, and Innovation in the Roman World PDF Author: Paul Erdkamp
Publisher: Oxford University Press
ISBN: 0192578960
Category : History
Languages : en
Pages : 443

Get Book Here

Book Description
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

Capital, Investment, and Innovation in the Roman World PDF Author: Paul Erdkamp
Publisher:
ISBN: 0198841841
Category : Business & Economics
Languages : en
Pages : 508

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Book Description
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.

Work, Labour, and Professions in the Roman World

Work, Labour, and Professions in the Roman World PDF Author:
Publisher: BRILL
ISBN: 9004331689
Category : History
Languages : en
Pages : 369

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Book Description
The economic success of the Roman Empire was unparalleled in the West until the early modern period. While favourable natural conditions, capital accumulation, technology and political stability all contributed to this, economic performance ultimately depended on the ability to mobilize, train and co-ordinate human work efforts. In Work, Labour, and Professions in the Roman World, the authors discuss new insights, ideas and interpretations on the role of labour and human resources in the Roman economy. They study the various ways in which work was mobilised and organised and how these processes were regulated. Work as a production factor, however, is not the exclusive focus of this volume. Throughout the chapters, the contributors also provide an analysis of work as a social and cultural phenomenon in Ancient Rome.

 PDF Author:
Publisher: Oxford University Press
ISBN: 0192698532
Category :
Languages : en
Pages : 825

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Book Description


Handbook of Ancient Afro-Eurasian Economies

Handbook of Ancient Afro-Eurasian Economies PDF Author: Sitta von Reden
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110604930
Category : Business & Economics
Languages : en
Pages : 1131

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Book Description
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.

Shaping Regionality in Socio-Economic Systems: Late Hellenistic - Late Roman Ceramic Production, Circulation, and Consumption in Boeotia, Central Greece (c. 150 BC–AD 700)

Shaping Regionality in Socio-Economic Systems: Late Hellenistic - Late Roman Ceramic Production, Circulation, and Consumption in Boeotia, Central Greece (c. 150 BC–AD 700) PDF Author: Dean Peeters
Publisher: Archaeopress Publishing Ltd
ISBN: 1803272201
Category : Social Science
Languages : en
Pages : 398

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Book Description
This book sheds some necessary light on local economies from the (late) Hellenistic to the Late Roman period. The concepts of regions and regionality are employed to explore the complexity of ancient economies and (ceramic) variability and change in Boeotia (Central Greece), largely on the basis of the survey data generated by the Boeotia Project.

Roman and Late Antique Wine Production in the Eastern Mediterranean

Roman and Late Antique Wine Production in the Eastern Mediterranean PDF Author: Emlyn K. Dodd
Publisher: Archaeopress Publishing Ltd
ISBN: 1789694035
Category : Art
Languages : en
Pages : 222

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Book Description
Wine was an ever-present commodity that permeated the Mediterranean throughout antiquity. This book analyses the viticulture of two settlements, Antiochia ad Cragum and Delos, using results stemming from surface survey and excavation to assess their potential integration within the now well-known agricultural boom of the 5th-7th centuries AD.

Valuing Labour in Greco-Roman Antiquity

Valuing Labour in Greco-Roman Antiquity PDF Author:
Publisher: BRILL
ISBN: 900469496X
Category : History
Languages : en
Pages : 441

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Book Description
How did ancient Greeks and Romans regard work? It has long been assumed that elite thinkers disparaged physical work, and that working people rarely commented on their own labors. The papers in this volume challenge these notions by investigating philosophical, literary and working people’s own ideas about what it meant to work. From Plato’s terminology of labor to Roman prostitutes’ self-proclaimed pride in their work, these chapters find ancient people assigning value to multiple different kinds of work, and many different concepts of labor.

The Extramercantile Economies of Greek and Roman Cities

The Extramercantile Economies of Greek and Roman Cities PDF Author: David B. Hollander
Publisher: Routledge
ISBN: 1351004808
Category : Business & Economics
Languages : en
Pages : 185

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Book Description
Recent work on the ancient economy has tended to concentrate on market exchange, but other forces also caused goods to change hands. Such nonmarket transfers ranged from small private gifts to the wholesale confiscation of cities, lands, and their peoples. The papers presented in this volume examine aspects of this extramercantile economy, particularly benefaction and the role of associations, as well as their impact on the market economy. This volume brings together ancient historians, New Testament scholars, and classicists to assess critically the New Institutional Economics framework. Combining theoretical approaches with detailed investigations of particular regions and topics, its chapters examine Greek economic thought, the benefits of membership in private associations, and the economic role of civic euergetism from classical Athens to the municipalities of Roman Spain. The Extramercantile Economies of Greek and Roman Cities will be of use to those interested in the economic context of ancient religions, the role of associations in the economy, theoretical approaches to the study of the ancient economy, labor and politics in the ancient city, as well as how Greek philosophers, from Xenophon to Philodemus, developed ethical ideas about economic behavior.

The Financial Markets of Roman Egypt

The Financial Markets of Roman Egypt PDF Author: Paul V. Kelly
Publisher: Liverpool University Press
ISBN: 1837647186
Category : History
Languages : en
Pages : 232

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Book Description
The Financial Markets of Roman Egypt analyses some 4,367 financial transactions, leases, sales and loans, recorded on papyri in Roman Egypt in the period AD 1 to 350. The analysis of this remarkable body of information, the ancient equivalent of modern-day ‘Big Data’, helps us understand how ordinary people thought about some of the most important decisions they would make in their life: buying a house, lending their savings or renting land. Using innovative theories and techniques inspired by classics, mathematics and the financial markets, it brings out the differences and similarities of behaviours with modern and historical comparators. The book looks at risk and return for both asset holders - the landlords and lenders - and those dependent on the use of those assets - the tenants and borrowers. In particular it quantifies the risks facing families, including climate variability. Issues such as wealth concentration, social mobility and the role of the aged and women in the financial markets are addressed. The analysis presented expands our knowledge of the nature of the financial markets, and from that examination a sharper insight into the nature of the economy of the Roman world is gained, making it clear that there was no single “market” economy, but different sectors, some of which were driven by reciprocity/redistribution and others by financially rational judgements.