Item description for Money in the Late Roman Republic (Columbia Studies in the Classical Tradition) by David B. Hollander...
Roman 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.
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Studio: Brill Academic Publishers
Est. Packaging Dimensions: Length: 0.75" Width: 6.5" Height: 9.5" Weight: 1.2 lbs.
Release Date Mar 31, 2007
Publisher Brill Academic Publishers
ISBN 9004156496 ISBN13 9789004156494
Reviews - What do customers think about Money in the Late Roman Republic (Columbia Studies in the Classical Tradition)?
Money - it's a gas Sep 29, 2007
This is an excellent book - deeply researched scholarship, but also accessible to general readers interested in this critical aspect of ancient Roman society, namely how the Romans conceived of and used wealth. In a society as money-obsessed as our own, how could this book fail to fascinate?
Essential for Scholars and Collectors May 6, 2007
This book is highly recommended for those who seek a deeper, more nuanced understanding of Roman society. In laying out the scope and variety of economic life in the Late Republic, the author not only conveys a trove of information--he also shows that we can't truly understand the ancient world by our own standards. How the Romans conceived of and embodied wealth (pecunia) seems at the same time more primitive and more flexible than our own, highly monetized culture. Simply to learn how famous figures like Cato the Elder secured their investments through ingenious financial devices is fascinating. Though expensive, the book should also not be missed by serious coin collectors who may be seeking a broader understanding of what they are collecting. A message to the publisher: an affordable, paperback edition is badly needed!