Peter
Temin publicó su nuevo libro: The Roman Market Economy,
Princeton University Press lo presenta así: "The
quality of life for ordinary Roman citizens at the height of the Roman Empire
probably was better than that of any other large group of people living before
the Industrial Revolution. The Roman Market Economy uses the tools of modern economics to show how
trade, markets, and the Pax Romana were critical to ancient Rome's
prosperity. Peter Temin, one of the world's foremost economic historians,
argues that markets dominated the Roman economy. He traces how the Pax Romana
encouraged trade around the Mediterranean, and how Roman law promoted commerce
and banking. Temin shows that a reasonably vibrant market for wheat extended
throughout the empire, and suggests that the Antonine Plague may have been
responsible for turning the stable prices of the early empire into the
persistent inflation of the late. He vividly describes how various markets
operated in Roman times, from commodities and slaves to the buying and selling
of land. Applying modern methods for evaluating economic growth to data culled
from historical sources, Temin argues that Roman Italy in the second century
was as prosperous as the Dutch Republic in its golden age of the seventeenth
century. The Roman Market Economy reveals how economics can
help us understand how the Roman Empire could have ruled seventy million people
and endured for centuries. Peter Temin is the Gray Professor Emeritus
of Economics at the Massachusetts Institute of Technology. His books
include The World Economy between the World Wars."
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