Abstract
This articles seeks to establish a new set of organizing concepts for the analysis of the Roman imperial economy from Republic to late antiquity: tributary empire, port-folio capitalism and protection costs. Together these concepts explain better economic developments in the Roman world than the much used notion of an imperial market economy. Roman imperial government was to weak to provide the institutional supports needed by a well functioning laissez-faire economy.
| Original language | English |
|---|---|
| Journal | Past & Present a journal of historical studies |
| Volume | 195 |
| Pages (from-to) | 3-54 |
| Number of pages | 52 |
| Publication status | Published - 2007 |
Keywords
- Faculty of Humanities
- Roman economic hiostory, empire and market, protection costs