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I argue here 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 conclusion is important. First, it brings the description of the Roman economy as a whole into accord with the fragmentary evidence we have 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, Roman economy, Market economies.
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A market economy in the early Roman Empire
2001, Massachusetts Institute of Technology, Dept. of Economics
in English
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Title from cover.
"February 2001."
Includes bibliographical references.
Abstract in HTML and working paper for download in PDF available via World Wide Web at the Social Science Research Network.
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April 29, 2011 | Edited by ImportBot | Added new cover |
April 29, 2011 | Created by ImportBot | Imported from Internet Archive item record |