scholarly journals A Market Economy in the Early Roman Empire

Author(s):  
Peter Temin
Keyword(s):  
2017 ◽  
Vol 20 (3) ◽  
pp. 402-415 ◽  
Author(s):  
Silvia Valenzuela-Lamas ◽  
Umberto Albarella

This special issue of theEuropean Journal of Archaeologydiscusses aspects of animal husbandry in a number of provinces of the Western Roman Empire. In this introduction, we describe the general characteristics of animal husbandry in pre-Roman and Roman times to assess any changes that may have occurred after the Roman conquest. The results suggest that the territoriality typifying the first millenniumbchad a significant impact on production, resulting in a decrease in cattle size and frequencies across Europe. Nevertheless, not all the regions reacted in the same way, and regional communities that focused their animal production on pigs implemented more sustainable husbandry practices over time. By bringing together studies carried out across Europe, this journal issue highlights the existence of cases of both change and continuity across the Empire, and the (uneven) impact of the market economy on animal husbandry and dietary practices in climatically different regions.


2020 ◽  
pp. 137-162
Author(s):  
Peter Temin

This chapter uses new data to extend the argument that there was an integrated wheat market in the late Roman Republic and early Roman Empire. I explore the meaning of randomness when data are scarce, and I investigate how we recreate the nature of ancient societies by asking new questions that stimulate the discovery of more information. The case for a prosperous Roman society extending the length of the Mediterranean Sea is strong. This chapter draws on and extends work reported in my book: The Roman Market Economy (2013).


2001 ◽  
Vol 91 ◽  
pp. 169-181 ◽  
Author(s):  
Peter Temin

The economy of the early Roman Empire has been an object of study for at least the last century. The discussion has been marked by continuing debate, known sometimes as the primitivist/modern debate and at other times as the Finley debate, following his famous Sather lectures, The Ancient Economy. This paper is a contribution to this debate, written by an economist rather than an ancient historian. My purpose is to define the concept of a ‘market economy’, and to see if it fits the evidence we have for the early Roman Empire.Finley declared that, ‘ancient society did not have an economic system which was an enormous conglomeration of interdependent markets’. He drew implicitly on research by Polanyi to oppose the views of Rostovtzeff within the field of ancient history and those of Fogel and Engerman in economic history, but he did not explicitly join their conceptual apparatuses. Morris has summarized the debate fuelled by Finley's dramatic lectures in his foreword to the twenty-fifth anniversary edition and argued that the controversy is still vigorous today. I hope to clarify the issues in this debate and even resolve the debate for the period of the early Roman Empire.


Author(s):  
Peter Temin

This chapter asserts that the economy of the early Roman Empire was primarily a market economy. The parts of this economy located far from each other were not tied together as tightly as markets often are today, but they still functioned as part of a comprehensive Mediterranean market. There are two reasons why this argument is important. First, it brings the description of the Roman economy as a whole into accord with the fragmentary evidence about individual market transactions. Second, this synthetic view provides a platform on which to investigate further questions about the origins and eventual demise of the Roman economy and about conditions for the formation and preservation of markets in general.


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