Farmers And Agriculture In The Roman Economy

Often viewed as self-sufficient, Roman farmers actually depended on markets to supply them with a wide range of goods and services, from metal tools to medical expertise. However, the nature, extent, and implications of their market interactions remain unclear. This monograph uses literary and archaeological evidence to examine how farmers – from smallholders to the owners of large estates – bought and sold, lent and borrowed, and cooperated as well as competed in the Roman economy. A clearer picture of the relationship between farmers and markets allows us to gauge their collective impact on, and exposure to, macroeconomic phenomena such as monetization and changes in the level and nature of demand for goods and labor. After considering the demographic and environmental context of Italian agriculture, the author explores three interrelated questions: what goods and services did farmers purchase; how did farmers acquire the money with which to make those purchases; and what factors drove farmers’ economic decisions? This book provides a portrait of the economic world of the Roman farmer in late Republican and early Imperial Italy.

This collection presents new analyses for the nature and scale of Roman agriculture. It outlines the fundamental features of agricultural production through studying the documentary and archaeological evidence for the modes of land exploitation and the organisation, development of, and investment in this sector.

Roman farmers depended on markets to supply them with a wide range of goods and services from metal tools to medical expertise but their role in the ancient economy is poorly understood. Though historians no longer assume Roman farmers strived for self-sufficiency, the nature, extent, and implications of their market interactions remain unclear. This monograph uses literary, archaeological, and comparative evidence to examine how farmers âe" from smallholders to the owners of large estates âe"bought and sold goods and services, lent and borrowed money, and cooperated or competed with one another. A clearer picture of the relationship between farmers and markets allows us to gauge their collective impact on (and exposure to) macroeconomic phenomena such as inflation and changes in the supply and circulation of money. After considering the environmental and demographic context of Italian agriculture, the author explores three interrelated questions: what goods and services did farmers purchase; how did farmers acquire the money with which to make those purchases; and what factors drove farmersâe(tm) economic decisions. This book provides a portrait of the economic world of the Roman farmer in late Republican and early Imperial Italy.

A bold application of economic theory to help provide an understanding of the role that law played in the development of the Roman economy

Explanation of the success and failure of the Roman economy is one of the most important problems in economic history. As an economic system capable of sustaining high production and consumption levels, it was unparalleled until the early modern period. This volume focuses on how the institutional structure of the Roman Empire affected economic performance both positively and negatively. An international range of contributors offers a variety of approaches that together enhance our understanding of how different ownership rights and various modes of organization and exploitation facilitated or prevented the use of land and natural resources in the production process. Relying on a large array of resources - literary, legal, epigraphic, papyrological, numismatic, and archaeological - chapters address key questions regarding the foundations of the Roman Empire's economic system. Questions of growth, concentration and legal status of property (private, public, or imperial), the role of the state, content and limitations of rights of ownership, water rights and management, exploitation of indigenous populations, and many more receive new and original analyses that make this book a significant step forward to understanding what made the economic achievements of the Roman empire possible.

This book presents a challenge to the long held view that the predominantly agricultural economies of ancient Greece and Rome were underdeveloped. It shows that the exploitation of natural resources, manufacturing and the building trade all made significant contributions to classical economies. It will be an indispensable resource for those interested in the period.

Like coinage, bullion, financial instruments and a variety of commodities played an important role in Rome's monetary system. This book examines how the availability of such assets affected the demand for coinage and the development of the late Republican economy.

Thanks to its exceptional size and duration, the Roman Empire offers one of the best opportunities to study economic development in the context of an agrarian world empire. This volume, which is organised thematically, provides a sophisticated introduction to and assessment of all aspects of its economic life.