Money in the Late Roman RepublicRoman monetary history has tended to focus on the study of Roman coinage but other assets regularly functioned as, or in place of, money. This book places coinage in its broader monetary context by also examining the role of bullion, financial instruments, and commodities such as grain and wine in making payments, facilitating exchange, measuring value and storing wealth. The use of such assets reduced the demand for coinage in some sectors of the economy and is a crucial factor in determining the impact of the large increase in the coin supply during the last century of the Republic. Money demand theory suggests that increased coin production led to further monetization, not per capita economic growth. |
Contents
Chapter One Introduction | 1 |
Use Volume and Composition | 15 |
Chapter Three Financial Instruments | 31 |
Chapter Four Pecuniary Assets | 59 |
Chapter Five Monetary Zones | 87 |
Chapter Six The Demand for Roman Money | 137 |
Bibliography | 157 |
Index Locorum | 177 |
| 185 | |
Other editions - View all
Common terms and phrases
aerarium agricultural Ancient Economy Andreau argues assets Atticus bankers barter Bogaert bronze coins Buttrey Caesar Cambridge cash Cato Agr Cato the Elder century BCE Cicero circulation commodities Crawford demand for coinage demand for money denarius Descat Duncan-Jones Empire enim evidence example exchange farmers Flac Gaius Gracchus Garnsey Gaul grain hoards Hopkins Howgego Italy Journal of Roman labor land late Republic late Republican Livy London means of payment minted monetary zone monetization money supply notes Oxford Paradoxa Stoicorum pecunia permutatio Plin Plut Plutarch Polanyi production publicani purchase quae quam quantity quod revenue role Roman coinage Roman commerce Roman economy Roman money Roman Republic Roman Studies Roman World Rome rural second century self-sufficiency sesterces silver slaves store of wealth suggests syngraphae trade transactions unit of account University Press urban Varro Varro Rust vectigal Verboven Verr villa wine