Rome's Economic Revolution

Author:   Philip Kay (Supernumerary Fellow, Wolfson College, Oxford)
Publisher:   Oxford University Press
ISBN:  

9780199681549


Pages:   400
Publication Date:   23 January 2014
Format:   Hardback
Availability:   To order   Availability explained
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Rome's Economic Revolution


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Overview

In this volume, Philip Kay examines economic change in Rome and Italy between the Second Punic War and the middle of the first century BC. He argues that increased inflows of bullion, in particular silver, combined with an expansion of the availability of credit to produce significant growth in monetary liquidity. This, in turn, stimulated market developments, such as investment farming, trade, construction, and manufacturing, and radically changed the composition and scale of the Roman economy. Using a wide range of evidence and scholarly investigation, Kay demonstrates how Rome, in the second and first centuries BC, became a coherent economic entity experiencing real per capita economic growth. Without an understanding of this economic revolution, the contemporaneous political and cultural changes in Roman society cannot be fully comprehended or explained.

Full Product Details

Author:   Philip Kay (Supernumerary Fellow, Wolfson College, Oxford)
Publisher:   Oxford University Press
Imprint:   Oxford University Press
Dimensions:   Width: 16.20cm , Height: 3.10cm , Length: 24.20cm
Weight:   0.732kg
ISBN:  

9780199681549


ISBN 10:   0199681546
Pages:   400
Publication Date:   23 January 2014
Audience:   College/higher education ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Acknowledgements List of Figures List of Tables Abbreviations Introduction 1: Rome and its economy at the time of the Second Punic War PART I: SOURCES OF REVENUE 2: Indemnities and booty 3: Mining revenues 4: State finance and the lex Sempronia de provincia Asia PART II: THE ROMAN MONEY SUPPLY 5: Cashing in the plunder 6: Credit and financial intermediation PART III: THE APPLICATION OF FUNDS 7: Investment farming and agricultural exploitation 8: Trade, capital, and interconnected markets 9: The creation of 'material complexity' 10: After the credit crunch PART IV: QUANTIFICATION 11: Forecasting the past Summary and conclusions Bibliography Index of Literary Sources General Index

Reviews

[Kay] presents an overall analysis of great power and often gives the best available account of important elements in the story ... He is the first scholar to have asked whether inflation ... negated the apparent economic growth of the second century. W.V. Harris, Times Literary Supplement It will create a great deal of further interest and even more argument. Peter Jones, Classics for All


It will create a great deal of further interest and even more argument. * Peter Jones, Classics for All * [Kay] presents an overall analysis of great power and often gives the best available account of important elements in the story ... He is the first scholar to have asked whether inflation ... negated the apparent economic growth of the second century. * W.V. Harris, Times Literary Supplement *


[Kay] presents an overall analysis of great power and often gives the best available account of important elements in the story ... He is the first scholar to have asked whether inflation ... negated the apparent economic growth of the second century. W.V. Harris, Times Literary Supplement


Author Information

Dr Philip Kay is a Supernumerary Fellow of Wolfson College, Oxford. In addition to his academic work, he also runs his own investment management business.

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