Money and Government in the Roman Empire

Money and Government in the Roman Empire

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Description

Rome's conquests gave her access to the accumulated metal resources of most of the known world. An abundant gold and silver coinage circulated within her empire as a result. But coinage changes later suggest difficulty in maintaining metal supplies. By studying Roman coin-survivals in a wider context, Dr Duncan-Jones uncovers important facts about the origin of coin hoards of the Principate. He constructs a new profile of minting, financial policy and monetary circulation, by analysing extensive coin evidence collected for the first time. His findings considerably advance our knowledge of crucial areas of the Roman economy.

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Product details

  • Paperback | 324 pages
  • 152.4 x 227.6 x 17.5mm | 449.06g
  • CAMBRIDGE UNIVERSITY PRESS
  • Cambridge, United Kingdom
  • English
  • Reprint
  • 11 b/w illus. 108 tables
  • 0521648297
  • 9780521648295
  • 1,178,595

Review quote

'Duncan-Jones has written an important and stimulating book, which seeks to use numismatic evidence to study minting policy, monetary organisation, and the monetary economy ... No serious scholar will want to analyse coin hoards, or to consider monetary history, without looking to see what Duncan-Jones has done.' The Journal of Roman Studies 'Duncan-Jones has written an important and chellenging book that deserves to be widely read.' Bryn Mawr Classical Review 'It is fair to say that this is the magnum opus we have been awaiting; and that it crystallizes the author's approach to numismatic evidence, for which we have had to be content with tantalizing hints in his prior work.' Revue Suisse de Numismatique 'This book will be an essential reference work for Roman historians and numismatics and will also be of interest to economic historians.' Coins and Antiques

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Table of contents

List of plates; List of figures; List of tables; Preface; Abbreviations; Part I. The Economics of Empire: 1. Surplus and deficit; 2. Money, prices and inflation; 3. The imperial budget; 4. Tax and tax-cycles; Part II. The Coin-Evidence: 5. Coin-hoards and their origin; 6. The implications of coin-hoards; Part III. Money and Money-Supply: 7. Coinage and currency: an overview; 8. The chronology of mint-output; 9. Reign-studies: the chronology and structure of coin-output; 10. The size of die-populations; 11. The size of coin-populations; 12. Mobility and immobility of coin; 13. Weight-loss and circulation-speed; 14. Wastage and reminting of coin; 15. Change and deterioration; 16. Contrast and variation in the coinage; Appendices: 1. Payments of congiaria; 2. The chronology of minting under Tiberius; 3. Variations in land-tax in Egypt; 4. Assessments of tax-revenue in the sources; 5. Tax comparisons with Mughal India; 6. Hoards below the sampling threshold; 7. Rates of donative; 8. Programs for finding negative binomial k and for estimating die-populations; 9. Die-productivity in medieval evidence; 10. Aureus and denarius hoards used in the main anlaysis; Bibliography; Index.

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