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The Roman Market Economy$
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Peter Temin

Print publication date: 2012

Print ISBN-13: 9780691147680

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691147680.001.0001

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Economics and Ancient History

Economics and Ancient History

Chapter:
(p.1) Chapter 1 Economics and Ancient History
Source:
The Roman Market Economy
Author(s):

Peter Temin

Publisher:
Princeton University Press
DOI:10.23943/princeton/9780691147680.003.0001

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.

Keywords:   early Roman Empire, market economy, markets, Mediterranean market, market transactions, Roman economy

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