The Real Estate Market In The Roman World

Author : Marta García Morcillo
Publisher : Taylor & Francis
ISBN 13 : 1000845540
Total Pages : 303 pages
Book Rating : 4.49/5 ( download)

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Download or read book The Real Estate Market in the Roman World written by Marta García Morcillo and published by Taylor & Francis. This book was released on 2023-03-22 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: As it is today, the property market was a key and dynamic economic sector in Ancient Rome. Its study demands a deep understanding of Roman society, of the normative frameworks and the notions of wealth, value, identity and status that shaped individual and collective mentalities. This book takes a multisided insight into real estate as the subject of short- and long-term economic investments, of speculative businesses ventures, of power abuses and inequalities, of social aspirations, but also of essential housing needs. The volume discusses thoroughly relevant and new literary, legal, epigraphic, papyrological and archaeological evidence, and incorporates comparative historical perspectives and methodologies, including economic theory and current, critical sociological debates about the functioning of modern real estate markets and issues linked to its commodification and regulation. In pursuing this line of enquiry, the contributions that make up the book investigate the impact of ideas such as profit, risk, security and trust in transfers, management and use of residential houses, commercial buildings and productive estates in urban and rural contexts. The work further evaluates the legal responses to and the public enforcement strategies concerning such activities, the high mobility of fortunes and unstable property-rights that resulted from one-off but also structural, political, financial, economic and institutional crises that marked the history of the Roman Republic and Principate. This book aims to demonstrate the relevance of the study of pre-modern real estate markets today, and will be of significant interest to readers of economic history as well as Roman law, Roman archaeology, the history of urbanism and social history.

Author :
Publisher : BRILL
ISBN 13 : 9004545638
Total Pages : 273 pages
Book Rating : 4.32/5 ( download)

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Download or read book Understanding Integration in the Roman World written by and published by BRILL. This book was released on 2023-09-14 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Integration is a buzzword in the 21st century. However, academics still do not agree on its meaning and, above all, on its consequences. This book offers numerous examples showing that the inhabitants of the Roman Mediterranean were “integrated”, i.e. were aware of the existence of a common framework of coexistence, without this necessarily resulting in a process of cultural convergence. For instance, the Spanish poet Martial explicitly refused to be considered the brother of the Greek Charmenion (10.65): paradoxically, while reaffirming their differences, his satirical epigram confirms the existence of a common frame of reference that encompassed them both. Understanding integration in the Roman world requires paying attention to the complex and varied responses to diversity in Roman times.

Author : Paul V. Kelly
Publisher : Liverpool University Press
ISBN 13 : 1837647186
Total Pages : 232 pages
Book Rating : 4.87/5 ( download)

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Download or read book The Financial Markets of Roman Egypt written by Paul V. Kelly and published by Liverpool University Press. This book was released on 2023-04-03 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Markets of Roman Egypt analyses some 4,367 financial transactions, leases, sales and loans, recorded on papyri in Roman Egypt in the period AD 1 to 350. The analysis of this remarkable body of information, the ancient equivalent of modern-day ‘Big Data’, helps us understand how ordinary people thought about some of the most important decisions they would make in their life: buying a house, lending their savings or renting land. Using innovative theories and techniques inspired by classics, mathematics and the financial markets, it brings out the differences and similarities of behaviours with modern and historical comparators. The book looks at risk and return for both asset holders - the landlords and lenders - and those dependent on the use of those assets - the tenants and borrowers. In particular it quantifies the risks facing families, including climate variability. Issues such as wealth concentration, social mobility and the role of the aged and women in the financial markets are addressed. The analysis presented expands our knowledge of the nature of the financial markets, and from that examination a sharper insight into the nature of the economy of the Roman world is gained, making it clear that there was no single “market” economy, but different sectors, some of which were driven by reciprocity/redistribution and others by financially rational judgements.

Author : Andrew Wilson
Publisher : Oxford University Press
ISBN 13 : 0192883550
Total Pages : 375 pages
Book Rating : 4.51/5 ( download)

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Download or read book The Economy of Roman Religion written by Andrew Wilson and published by Oxford University Press. This book was released on 2023-06-07 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: This interdisciplinary edited volume presents twelve papers by Roman historians and archaeologists, discussing the interconnected relationship between religion and the Roman economy over the period c. 500 BC to AD 350. The connection between Roman religion and the economy has largely been ignored in work on the Roman economy, but this volume explores the many complex ways in which economic and religious thinking and activities were interwoven, from individuals to institutions. The broad geographic and chronological scope of the volume engages with a notable variety of evidence: epigraphic, archaeological, historical, papyrological, and zooarchaeological. In addition to providing case studies that draw from the rich archaeological, documentary, and epigraphic evidence, the volume also explores the different and sometimes divergent pictures offered by these sources (from discrepancies in the cost of religious buildings, to the tensions between piety and ostentatious donation). The edited collection thus bridges economic, social, and religious themes. The volume provides a view of a society in which religion had a central role in economic activity on an institutional to individual scale. The volume allows an evaluation of impact of that activity from both financial and social viewpoints, providing a new perspective on Roman religion - a perspective to which a wide range of archaeological and documentary evidence, from animal bone to coins and building costs, has contributed. As a result, this volume not only provides new information on the economy of Roman religion: it also proposes new ways of looking at existing bodies of evidence.

Author : Paul Erdkamp
Publisher : Oxford University Press
ISBN 13 : 0192578952
Total Pages : 512 pages
Book Rating : 4.52/5 ( download)

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Download or read book Capital, Investment, and Innovation in the Roman World written by Paul Erdkamp and published by Oxford University Press. This book was released on 2020-02-18 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment in capital, both physical and financial, and innovation in its uses are often considered the linchpin of modern economic growth, while credit and credit markets now seem to determine the wealth - as well as the fate - of nations. Yet was it always thus? The Roman economy was large, complex, and sophisticated, but in terms of its structural properties did it look anything like the economies we know and are familiar with today? Through consideration of the allocation and uses of capital and credit and the role of innovation in the Roman world, the individual essays comprising this volume go straight to the heart of the matter, exploring such questions as how capital in its various forms was generated, allocated, and employed in the Roman economy; whether the Romans had markets for capital goods and credit; and whether investment in capital led to innovation and productivity growth. Their authors consider multiple aspects of capital use in agriculture, water management, trade, and urban production, and of credit provision, finance, and human capital, covering different periods of Roman history and ranging geographically across Italy and elsewhere in the Roman world. Utilizing many different types of written and archaeological evidence, and employing a range of modern theoretical perspectives and methodologies, the contributors, an expert international team of historians and archaeologists, have produced the first book-length contribution to focus exclusively on (physical and financial) capital in the Roman world; a volume that is aimed not only at specialists in the field, but also at economic historians and archaeologists specializing in other periods and places.

Author : Paul Erdkamp
Publisher : Oxford University Press, USA
ISBN 13 : 0198728921
Total Pages : 422 pages
Book Rating : 4.24/5 ( download)

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Download or read book Ownership and Exploitation of Land and Natural Resources in the Roman World written by Paul Erdkamp and published by Oxford University Press, USA. This book was released on 2015 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume focuses on how the institutional set-up, or structure, of the Roman Empire positively or negatively affected economic performance.

Author : Cristina Rosillo-López
Publisher : Springer Nature
ISBN 13 : 3030541002
Total Pages : 340 pages
Book Rating : 4.02/5 ( download)

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Download or read book Managing Information in the Roman Economy written by Cristina Rosillo-López and published by Springer Nature. This book was released on 2020-12-23 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 and the 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.

Author : Catherine Casson
Publisher : Taylor & Francis
ISBN 13 : 1000876772
Total Pages : 311 pages
Book Rating : 4.72/5 ( download)

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Download or read book Property, Power and the Growth of Towns written by Catherine Casson and published by Taylor & Francis. This book was released on 2023-05-05 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Local enterprise, institutional quality and strategic location were of central importance in the growth of medieval towns. This book, comprising a study of 112 English towns, emphasises these key factors. Downstream locations on major rivers attracted international trade, and thereby stimulated the local processing of imports and exports, while the early establishment of richly endowed religious institutions funnelled agricultural rental income into a town, where it was spent on luxury goods produced by local craftsmen and artisans, and on expensive, long-running building schemes. Local entrepreneurs who recognised the economic potential of a town developed residential suburbs which attracted wealthy residents. Meanwhile town authorities invested in the building and maintenance of bridges, gates, walls and ditches, often with financial support from wealthy residents. Royal lordship was also an advantage to a town, as it gave the town authorities direct access to the king and bypassed local power-brokers such as bishops and earls. The legacy of medieval investment remains visible today in the streets of important towns. Drawing on rentals, deeds and surveys, this book also examines in detail the topography of seven key medieval towns: Bristol, Gloucester, Coventry, Cambridge, Birmingham, Shrewsbury and Hull. In each case, surviving records identify the location and value of urban properties, and their owners and tenants. Using statistical techniques, previously applied only to the early modern and modern periods, the book analyses the impact of location and type of property on property values. It shows that features of the modern property market, including spatial autocorrelation, were present in the middle ages. Property hot-spots of high rents are also identified; the most valuable properties were those situated between the market and other focal points such transport hubs and religious centres, convenient for both, but remote from noise and pollution. This book takes an interdisciplinary approach, drawing on expertise from the disciplines of economics and history. It will be of interest to historians and to social scientists looking for a long-run perspective on urban development.

Author : Clement A. Tisdell
Publisher : Taylor & Francis
ISBN 13 : 1000910628
Total Pages : 256 pages
Book Rating : 4.29/5 ( download)

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Download or read book The Sustainability and Development of Ancient Economies written by Clement A. Tisdell and published by Taylor & Francis. This book was released on 2023-07-07 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on modern economic theory, this book provides new insights into the economic development of ancient economies and the sustainability of their development. The book pays particular attention to the economics of hunting and gathering societies and their diversity. New ideas are presented about theories of the transition from hunting and gathering to agriculture, including Childe’s theory of this development. The Agricultural Revolution was a major contributor to economic development because in most cases, it generated an economic surplus. However, as shown, income inequality was a necessary condition for the use of this surplus to promote economic development and to avoid the Malthusian population trap. This inequality was evident in the successful operation of the palatial economies of the Minoan and Mycenaean states. Nevertheless, some post-agricultural economies proved to be unsustainable, and they ‘mysteriously’ disappeared. This happened in the case of the Silesian Únětice culture and population. Economic and ecological reasons for this are suggested. The nature of economic development altered with increased trade, the use of barter, and subsequently the supply of money to facilitate this trade. These developments are examined in the context of the palatial economies of Mesopotamia and Egypt. Elsewhere, multinational business made a substantial contribution to the economic growth of Phoenicia, where international trade was not determined by its natural resource endowments. Thus, Phoenician economic exchange and development provides a different set of insights. The book makes an important contribution to the understanding of the evolution of human societies and will therefore be of interdisciplinary interest including economists (especially economic historians), anthropologists and sociologists, some archaeologists, and historians.

Author : Marcelo Rougier
Publisher : Taylor & Francis
ISBN 13 : 1000838323
Total Pages : 390 pages
Book Rating : 4.29/5 ( download)

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Download or read book Industry and Development in Argentina written by Marcelo Rougier and published by Taylor & Francis. This book was released on 2023-02-27 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the twists and turns in Argentina’s modern economic history and the debates that raged there around a problem common to all former colonies: how to achieve a level of economic growth for its population in a world characterized by unequal economic relations between the industrialized nations of the north and the commodity producers of the south. This new perspective examines the history of ideas surrounding industrialization and economic development in Argentina, drawing on a rigorous investigation of multiple sources. It demonstrates Argentina’s role as a laboratory for and disseminator of ideas that would eventually become the common property of all the developing world. Influential thinkers such as Raúl Prebisch and Aldo Ferrer, leading figures in twentieth century Latin American economic thought, developed important ideas such as unequal international trade relations, the promise and limits of Import Substitution Industrialization, the role of the state in the development of a national capitalism. These were the forerunners of similar concerns in other countries in Latin America and elsewhere in the world. The book will be of interest to historians, economists, sociologists of economic development, and related disciplines concerned with questions of global economic inequality.