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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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The Labor Market

The Labor Market

Chapter:
(p.114) Chapter 6 The Labor Market
Source:
The Roman Market Economy
Author(s):

Peter Temin

Publisher:
Princeton University Press
DOI:10.23943/princeton/9780691147680.003.0006

This chapter explains how labor is an important input into the production of wheat and other commodities. However, this examination of the Roman market is complicated by the presence of Roman slavery. The existence of slavery was taken by a previous generation of scholars to preclude the possibility of a Roman labor market. A functioning labor market couples a labor demand with a labor supply. Two conditions must be filled, at least partially: workers must be free to change their economic activity and/or their location, and they must be paid something commensurate with their labor productivity to indicate to them which kind of work to choose. Labor productivity here means the output of goods or services that results from the employment of an individual worker.

Keywords:   Roman market, Roman slavery, Roman labor market, labor demand, labor supply, workers, labor productivity

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