Palgrave Studies in Ancient Economies – serie

Economic archaeology and ancient economic history have boomed the past decades. The former thanks to greatly enhanced techniques to identify, collect, and interpret material remains as proxies for economic interactions and performance; the latter by embracing the frameworks of new institutional economics. Both disciplines, however, still have great difficulty talking with each other. There is no reliable method to convert ancient proxy-data into the economic indicators used in economic history. In turn, the shared cultural belief-systems underlying institutions and the symbolic ways in which these are reproduced remain invisible in the material record. This book explores ways to bring both disciplines closer together by building a theoretical and methodological framework to evaluate and integrate archaeological proxy-data in economic history research. Rather than the linear interpretations offered by neoclassical or neomalthusian models, we argue that complexity economics, based on system theory, offers a promising way forward.

Economic archaeology and ancient economic history have boomed the past decades. The former thanks to greatly enhanced techniques to identify, collect, and interpret material remains as proxies for economic interactions and performance; the latter by embracing the frameworks of new institutional economics. Both disciplines, however, still have great difficulty talking with each other. There is no reliable method to convert ancient proxy-data into the economic indicators used in economic history. In turn, the shared cultural belief-systems underlying institutions and the symbolic ways in which these are reproduced remain invisible in the material record. This book explores ways to bring both disciplines closer together by building a theoretical and methodological framework to evaluate and integrate archaeological proxy-data in economic history research. Rather than the linear interpretations offered by neoclassical or neomalthusian models, we argue that complexity economics, based on system theory, offers a promising way forward.

This volume studies information as an economic resource in the Roman World. Information asymmetry is a distinguishing phenomenon of any human relationship. From an economic perspective, private or hidden information, opposed to publicly observable information, generates advantages and inequalities; at the same time, it is a source of profit, legal and illegal, and of transaction costs. The contributions that make up the present book aim to deepen our understanding of the economy of Ancient Rome by identifying and analysing formal and informal systems of knowledge and institutions that contributed to control, manage, restrict and enhance information. The chapters scrutinize the impact of information asymmetries on specific economic sectors, such as the labour market and the market of real estate, as well as the world of professional associations and trading networks. It further discusses structures and institutions that facilitated and regulated economic information in the public andthe private spheres, such as market places, auctions, financial mechanisms and instruments, state treasures and archives. Managing Asymmetric Information in the Roman Economy invites the reader to evaluate economic activities within a larger collective mental, social, and political framework, and aims ultimately to test the applicability of tools and ideas from theoretical frameworks such as the Economics of Information to ancient and comparative historical research.

This volume studies information as an economic resource in the Roman World. Information asymmetry is a distinguishing phenomenon of any human relationship. From an economic perspective, private or hidden information, opposed to publicly observable information, generates advantages and inequalities; at the same time, it is a source of profit, legal and illegal, and of transaction costs. The contributions that make up the present book aim to deepen our understanding of the economy of Ancient Rome by identifying and analysing formal and informal systems of knowledge and institutions that contributed to control, manage, restrict and enhance information. The chapters scrutinize the impact of information asymmetries on specific economic sectors, such as the labour market and the market of real estate, as well as the world of professional associations and trading networks. It further discusses structures and institutions that facilitated and regulated economic information in the public andthe private spheres, such as market places, auctions, financial mechanisms and instruments, state treasures and archives. Managing Asymmetric Information in the Roman Economy invites the reader to evaluate economic activities within a larger collective mental, social, and political framework, and aims ultimately to test the applicability of tools and ideas from theoretical frameworks such as the Economics of Information to ancient and comparative historical research.

Climate change over the past thousands of years is undeniable, but debate has arisen about its impact on past human societies.  This book explores the link between climate and society in ancient worlds, focusing on the ancient economies of western Eurasia and northern Africa from the fourth millennium BCE up to the end of the first millennium CE.This book contributes to the multi-disciplinary debate between scholars working on climate and society from various backgrounds. The chronological boundaries of the book are set by the emergence of complex societies in the Neolithic on the one end and the rise of early-modern states in global political and economic exchange on the other. In order to stimulate comparison across the boundaries of modern periodization, this book ends with demography and climate change in early-modern and modern Italy, a society whose empirical data allows the kind of statistical analysis that is impossible for ancient societies.  The book highlights the role of human agency, and the complex interactions between the natural environment and the socio-cultural, political, demographic, and economic infrastructure of any given society.  It is intended for a wide audience of scholars and students in ancient economic history, specifically Rome and Late Antiquity.

Climate change over the past thousands of years is undeniable, but debate has arisen about its impact on past human societies.  This book explores the link between climate and society in ancient worlds, focusing on the ancient economies of western Eurasia and northern Africa from the fourth millennium BCE up to the end of the first millennium CE.This book contributes to the multi-disciplinary debate between scholars working on climate and society from various backgrounds. The chronological boundaries of the book are set by the emergence of complex societies in the Neolithic on the one end and the rise of early-modern states in global political and economic exchange on the other. In order to stimulate comparison across the boundaries of modern periodization, this book ends with demography and climate change in early-modern and modern Italy, a society whose empirical data allows the kind of statistical analysis that is impossible for ancient societies.  The book highlights the role of human agency, and the complex interactions between the natural environment and the socio-cultural, political, demographic, and economic infrastructure of any given society.  It is intended for a wide audience of scholars and students in ancient economic history, specifically Rome and Late Antiquity.

This book discusses the extent to which Thomas Piketty’s work can offer a model for ancient economic history, both methodologically and politically. The book derives from a research workshop in Berlin in April 2018, which brought together a group of established and early career scholars to discuss the implications of Piketty’s work and related themes for classical antiquity. Key questions reflected in the text include:d: How should we characterise the ‘development’ of the economy/economies of the classical Mediterranean, in relation to the role of ‘capital’ and the prevalence of inequality? How was wealth, both public and private, evaluated and managed? How much of the wealth of their society did the ancient 1% control – and is their dominance better understood in terms of the power of capital, or the role of predation and state capture? How far did certain ancient polities – above all the Greek city-states – succeed in placing limits on the power of the rich and integrating their interests with those of the masses? Did inequality increase between the height of the Roman Principate and late antiquity, as is often believed? This book will be valuable reading for academics and students working in economic history, ancient history, and other related fields.

This book discusses the extent to which Thomas Piketty’s work can offer a model for ancient economic history, both methodologically and politically. The book derives from a research workshop in Berlin in April 2018, which brought together a group of established and early career scholars to discuss the implications of Piketty’s work and related themes for classical antiquity. Key questions reflected in the text include:d: How should we characterise the ‘development’ of the economy/economies of the classical Mediterranean, in relation to the role of ‘capital’ and the prevalence of inequality? How was wealth, both public and private, evaluated and managed? How much of the wealth of their society did the ancient 1% control – and is their dominance better understood in terms of the power of capital, or the role of predation and state capture? How far did certain ancient polities – above all the Greek city-states – succeed in placing limits on the power of the rich and integrating their interests with those of the masses? Did inequality increase between the height of the Roman Principate and late antiquity, as is often believed? This book will be valuable reading for academics and students working in economic history, ancient history, and other related fields.

This book focuses on those features of the Roman economy that are less traceable in text and archaeology, and as a consequence remain largely underexplored in contemporary scholarship. By reincorporating, for the first time, these long-obscured practices in mainstream scholarly discourses, this book offers a more complete and balanced view of an economic system that for too long has mostly been studied through its macro-economic and large-scale – and thus archaeologically and textually omnipresent – aspects. The topic is approached in five thematic sections, covering unusual actors and perspectives, unusual places of production, exigent landscapes of exploitation, less-visible products and artefacts, and divergent views on emblematic economic spheres. To this purpose, the book brings together a select group of leading scholars and promising early career researchers in archaeology and ancient economic history, well positioned to steer this ill-developed but fundamental field of the Roman economy in promising new directions.

This book focuses on those features of the Roman economy that are less traceable in text and archaeology, and as a consequence remain largely underexplored in contemporary scholarship. By reincorporating, for the first time, these long-obscured practices in mainstream scholarly discourses, this book offers a more complete and balanced view of an economic system that for too long has mostly been studied through its macro-economic and large-scale – and thus archaeologically and textually omnipresent – aspects. The topic is approached in five thematic sections, covering unusual actors and perspectives, unusual places of production, exigent landscapes of exploitation, less-visible products and artefacts, and divergent views on emblematic economic spheres. To this purpose, the book brings together a select group of leading scholars and promising early career researchers in archaeology and ancient economic history, well positioned to steer this ill-developed but fundamental field of the Roman economy in promising new directions.

This book examines the economic history of ancient South Asia by situating the Malwa region of Central India within Afro-Eurasian trade networks to illuminate the role of traders in the political, religious and economic processes connected with the Indo-Sasanian trade in the period of five centuries, circa CE 300-700.The book challenges the long-held centrality of the Roman factor in the South Asian economy by locating the Indo-Sasanian interactions in long distance economic networks with trade as a central feature. It considers the role and influence of traders as an understudied group affecting the contribution of the Indian economy to the world system. Amidst rapidly changing political landscapes, traders of Indian and Sasanian origins are studied as conscious political beings, who formed ties with varieties of polities and religious communities to secure their commercial interests. In addition, their commercial interactions with their Sogdian (Central Asia) and Aksumite (East Africa) counterparts are analyzed. The book also considers the nature of trade routes and the specific connections between mercantile and religious networks, including patterns of construction of religious shrines and temples along trade routes. Integrating epigraphic, numismatic, literary and archaeological evidence, this book moves away from a marginal treatment of the Indo-Sasanian trade in Indian history, and demonstrates how regional economic history must address a plurality of causes, actors, and processes in its assessment of the regional economy. The book will be of interest to students and academics of Indian economic history, as well as the ancient economies of South Asia more broadly.

This book examines the economic history of ancient South Asia by situating the Malwa region of Central India within Afro-Eurasian trade networks to illuminate the role of traders in the political, religious and economic processes connected with the Indo-Sasanian trade in the period of five centuries, circa CE 300-700.The book challenges the long-held centrality of the Roman factor in the South Asian economy by locating the Indo-Sasanian interactions in long distance economic networks with trade as a central feature. It considers the role and influence of traders as an understudied group affecting the contribution of the Indian economy to the world system. Amidst rapidly changing political landscapes, traders of Indian and Sasanian origins are studied as conscious political beings, who formed ties with varieties of polities and religious communities to secure their commercial interests. In addition, their commercial interactions with their Sogdian (Central Asia) and Aksumite (East Africa) counterparts are analyzed. The book also considers the nature of trade routes and the specific connections between mercantile and religious networks, including patterns of construction of religious shrines and temples along trade routes. Integrating epigraphic, numismatic, literary and archaeological evidence, this book moves away from a marginal treatment of the Indo-Sasanian trade in Indian history, and demonstrates how regional economic history must address a plurality of causes, actors, and processes in its assessment of the regional economy. The book will be of interest to students and academics of Indian economic history, as well as the ancient economies of South Asia more broadly.

This edited collection addresses concepts of value and its impact on economies and economic decision-making in Mesoamerica. It brings together various theoretical and methodological approaches to illuminate the little-studied topic of value in ancient economies.While scholars increasingly note that tangible objects found in the archaeological record could assume different values, depending on how they were used and circulated, less attention has been paid to how we might infer consensus (or lack of consensus) on how value was determined in past cultures so different from contemporary ones. These contributions show how multiple and conflicting understandings of what is important and meaningful coexist within any society even as moments of exchange create the impression of shared formulations of value. They consider divergences between shared understandings based on systems of beliefs and patterns of practice and the individual decisions of social actors. They also discuss howinequalities in social structures might inform our understanding of value, and how a multiplicity of values might encourage closer inspection of inequality in turn.The book brings together fifteen chapters focused on many parts of Mesoamerica, including Western Mexico, the Basin of Mexico, Veracruz, Oaxaca, and various parts of the Maya Lowlands, and range chronologically from the Classic period (250-900 CE) to the Spanish Conquest in the early 16th Century. It appeals to those working in archaeology, economic anthropology, economic history, and all those interested in how value can be understood in terms of contemporary cultural and political differences.

This edited collection addresses concepts of value and its impact on economies and economic decision-making in Mesoamerica. It brings together various theoretical and methodological approaches to illuminate the little-studied topic of value in ancient economies.While scholars increasingly note that tangible objects found in the archaeological record could assume different values, depending on how they were used and circulated, less attention has been paid to how we might infer consensus (or lack of consensus) on how value was determined in past cultures so different from contemporary ones. These contributions show how multiple and conflicting understandings of what is important and meaningful coexist within any society even as moments of exchange create the impression of shared formulations of value. They consider divergences between shared understandings based on systems of beliefs and patterns of practice and the individual decisions of social actors. They also discuss howinequalities in social structures might inform our understanding of value, and how a multiplicity of values might encourage closer inspection of inequality in turn.The book brings together fifteen chapters focused on many parts of Mesoamerica, including Western Mexico, the Basin of Mexico, Veracruz, Oaxaca, and various parts of the Maya Lowlands, and range chronologically from the Classic period (250-900 CE) to the Spanish Conquest in the early 16th Century. It appeals to those working in archaeology, economic anthropology, economic history, and all those interested in how value can be understood in terms of contemporary cultural and political differences.

This edited volume presents a multi-perspectival inquiry into the models that have shaped the study of ancient economies in past decades. The contributions collected here respond to the prevailing tendency to measure ancient Mediterranean economies using methods and techniques designed for assessing the performance of modern economies, considering a range of approaches that might generate a more socially and morally attuned history of the ancient Mediterranean.The volume explores the challenges of quantification and critically examines the ideological assumptions implicit within the models usually applied to the study of ancient economic performance. The chapters advocate for more inclusive alternatives to traditional ideas of ‘growth’ that take factors such as social inequality, fairness, wellbeing and the relationship between humans and the natural environment into consideration. The book examines through a series of different questions the importance of querying the appropriateness of economic methods from an ethical or socially aware position. Rather than condemning older models, methods, and points of view for their inadequacies, this book focuses on leveraging the benefits from existing methods in economics and suggesting new frameworks to reach toward historical approaches that are both methodologically sophisticated and attuned to the moral, ethical, and political concerns of the twenty-first century. This book will be a valuable resource for interdisciplinary researchers in economics, economic history, ancient history and archaeology.

This edited volume presents a multi-perspectival inquiry into the models that have shaped the study of ancient economies in past decades. The contributions collected here respond to the prevailing tendency to measure ancient Mediterranean economies using methods and techniques designed for assessing the performance of modern economies, considering a range of approaches that might generate a more socially and morally attuned history of the ancient Mediterranean.The volume explores the challenges of quantification and critically examines the ideological assumptions implicit within the models usually applied to the study of ancient economic performance. The chapters advocate for more inclusive alternatives to traditional ideas of ‘growth’ that take factors such as social inequality, fairness, wellbeing and the relationship between humans and the natural environment into consideration. The book examines through a series of different questions the importance of querying the appropriateness of economic methods from an ethical or socially aware position. Rather than condemning older models, methods, and points of view for their inadequacies, this book focuses on leveraging the benefits from existing methods in economics and suggesting new frameworks to reach toward historical approaches that are both methodologically sophisticated and attuned to the moral, ethical, and political concerns of the twenty-first century. This book will be a valuable resource for interdisciplinary researchers in economics, economic history, ancient history and archaeology.

This edited volume examines the legal and economic world of the Romans through concepts, structures, and objects that reveal practices of standardization and localism. It explores the myriad ways in which the Roman Empire became an integrated political, social and economic system.  Split across two volumes, the collection addresses the dynamic interaction between Rome and its provinces in developing institutions crucial to societal and economic development.  It challenges notions of uniformity, demonstrating how tensions between imperial standardization and local cultures could both drive innovative legal and economic practices and hinder empire-wide integration. The chapters explore broad questions from various disciplinary perspectives, including ancient economic history, law, papyrology, epigraphy and archaeology. Contributions cover diverse topics such as weights, measures, and coinage, legal practices, taxation, and cultural symbols. Each chapter investigates how, even as local communities adopted practices associated with Rome as a ruling power, local customs could, in turn, influence practices across the Empire. By illuminating these reciprocal relationships, this book recontextualizes Roman standardization—not merely as a tool of imperial domination but as evidence of diverse socioeconomic practices and cross-cultural exchanges. It will be a valuable resource for scholars of ancient economic history, classical archaeology, and ancient law, as well as anyone interested in the economy and culture of Ancient Rome.

This edited volume examines the legal and economic world of the Romans through concepts, structures, and objects that reveal practices of standardization and localism. It explores the myriad ways in which the Roman Empire became an integrated political, social and economic system.  Split across two volumes, the collection addresses the dynamic interaction between Rome and its provinces in developing institutions crucial to societal and economic development.  It challenges notions of uniformity, demonstrating how tensions between imperial standardization and local cultures could both drive innovative legal and economic practices and hinder empire-wide integration. The chapters explore broad questions from various disciplinary perspectives, including ancient economic history, law, papyrology, epigraphy and archaeology. Contributions cover diverse topics such as weights, measures, and coinage, legal practices, taxation, and cultural symbols. Each chapter investigates how, even as local communities adopted practices associated with Rome as a ruling power, local customs could, in turn, influence practices across the Empire. By illuminating these reciprocal relationships, this book recontextualizes Roman standardization—not merely as a tool of imperial domination but as evidence of diverse socioeconomic practices and cross-cultural exchanges. It will be a valuable resource for scholars of ancient economic history, classical archaeology, and ancient law, as well as anyone interested in the economy and culture of Ancient Rome.