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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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.
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Produktdetaljer

ISBN
9789004225497
Publisert
2012
Utgiver
Brill; Brill
Vekt
320 gr
Høyde
235 mm
Bredde
155 mm
Dybde
12 mm
Aldersnivå
UU, 05
Språk
Product language
Engelsk
Format
Product format
Heftet

Forfatter

Om bidragsyterne

David B. Hollander, Ph.D. (2002) in History, Columbia University, is an Assistant Professor in the History Department at Iowa State University. He has published articles on monetization and the Roman mint.