Economy and supply

A review of the contribution that the study of London makes to our understanding of the ancient economy. It explores the economic impact of the large-scale movement of goods and supplies required to support military advance, and to meet the expectations of the unusually large garrison stationed in Britain. The underwriting of these food supplies can be treated as an early form of military annona, sharing characteristics with arrangements made for the feeding of larger cities. It is argued that London’s economy and port, revolved around the needs of annona supply embracing military and civilian consumers. The infrastructure developed to support the annona stimulated a wider trade in luxury imports, best evidenced by the pottery carried to and through London (such as Samian and amphorae). This long-distance supply is the most archaeologically evident aspect of London’s Roman economy. The use of coin is another, and this chapter reviews the use of small change within London’s internal economy and local taxes. Coin-based market economies may not have penetrated far into the surrounding countryside, where subsistence and peasant farming was allowed to persist and rent and tax could be obtained through sharecropping and other ‘in kind’ arrangements.

Economic Aspects of Settlement in the Oasis of Bukhara, Uzbekistan: An Archaeo-Economic Approach

This paper focuses on the new approach studying variations in city size and the impact that the Silk Road had on the structure of cities, demonstrated through the study of economic aspects of the Bukhara oasis. We use archaeological data, compare the ancient economy to modern ones, use modern economic theory and methods to understand ancient society, and use what we have learned about the ancient economy to understand modern economies better. In sum, we explore the past through the present and the latter through the former. Our main finding is the generation of models able to answer to the city-size distribution in different territories, comparing them between the past and the present. This study first revealed that, through Zipf's Law, we found similarities between modern post-Industrial Revolution and medieval economics. Secondly, we also found that in ancient times the structure of the city was linked with the local economic demand. We have demonstrated this through the study of cities along the Silk Road.

Roman History

A bumper edition this time, by way of apology for COVID-necessitated absenteeism in the autumn issue. The focus is on three pillars of social history – the economy (stupid), law, and religion. First up is Saskia Roselaar's second monograph, Italy's Economic Revolution. Roselaar sets out to trace the contribution made by economics to Italy's integration in the Roman Republic, focusing on the period after the ‘conquest’ of Italy (post 268 bce). Doing so necessitates two distinct steps: assessing, first, how economic contacts developed in this period, and second, whether and to what extent those contacts furthered the wider unification of Italy under Roman hegemony. Roselaar is influenced by New Institutional Economics (hereafter NIE), now ubiquitous in studies of the ancient economy. Her title may be an homage to Philip Kay's Rome's Economic Revolution, but the book itself is a challenge to that work, which in Roselaar's view neglects almost entirely the agency of the Italians in the period's economic transformation. For Roselaar, the Italians were as much the drivers of change as the Romans; indeed, it is this repeated conviction that unifies her chapters.

Towards the Mid-Late Holocene Environment of Mochena Borago Rock Shelter, Wolayta, South Ethiopia

With the objective of understanding the mid-late Holocene subsistence pattern and the local ecology, archaeobotanical investigation was conducted on soil samples collected from 29 contexts from the rock shelter site of Mochena Borago. The samples were collected by the French Archaeological Mission in 2000 and 2001 field seasons. Flotation was carried out using bucket and 2.0 mm mesh size sieve. Recovered botanical remains were classified based on size and grain morphology. Seed analysis was conducted at 5-20x magnification. A total of 112 seeds and fruit stones were identified which include 55 Sapindaceae cf. Deinbollia type (dune soap-berry), 33 Myrtaceae cf. Syzigium guineense type (sometimes called waterberry), 9 Plectranthus edulis (Wolayta dinich/potato), 7 Euphorbiaceae Croton sp. (rushfoil), 2 Cordia cf. africana (wanza in Amharic), 1 Ebenaceae cf. Diospyros (commonly known as ebony trees), 1 Olea europea ssp. africana (Olive Oil). Plectranthus edulis is an indigenous crop for the study area and Cordia cf. africana and Olea europea ssp. africana are reported for the first time in archaeological context of the whole region of Ethiopia. The study provided data on the ancient economy and ecology of the site in a region where archaeobotanical research is limited.

Modelling the Quest for Status in Ancient Greece: Paying for Liturgies

The substantive view of the ancient economy argues that social considerations and especially the quest for status featured prominently in ancient Greece. Paying for liturgies, the private finance of public expenditure by wealthy individuals, offered the opportunity to acquire status by choosing the level of contributions to outperform rival providers. Effectively, liturgies were a system of finance of public provision through redistributive taxation sidestepping state administration of taxes and expenditures. Applying the insights of the economic approach to status, the paper examines status competition in ancient Athens and compares paying for liturgies with a hypothetical system of explicit income taxation of the rich. It is concluded that status seeking increased aggregate provision of public goods. The results formalise important aspects of substantivism and illustrate the value of formal economic analysis in the investigation of the ancient Greek economy.

Polanyi und North

Douglass C. North developed his institutional economics in critical contrast to Polanyi’s reciprocity/exchange scheme. More precise analysis, however, allows North’s institutions to decode reciprocity, so that North’s theory appears not as a counterpoint to Polanyi, but as a further development – albeit with partially opposite consequences. This contrast is illustrated through the reconstruction of the ancient economy.

Rome and the Economics of Ancient Law I

This chapter serves as an introduction to the essays in this collection by exploring the ways in which contemporary economic theory can be used to ask new questions about the law and economies of ancient societies. The chapter begins with a review of the importance of Roman law as an academic discipline to legal historians. It then introduces the overall theme of the collection by reviewing the ways in which historians of the ancient economy and of ancient law have made use of economic theory to understand better the relationship between law and the economy in the Roman world. The chapter then goes on to discuss the individual chapters in this volume. It focuses in particular on the ways in which economic theory informs the approaches that the authors, both legal and economic historians, take in their essays. The chapter will thus set the individual chapters in a broader scholarly perspective and will seek to explain why economic methods are a fruitful way to understand Roman Law and Roman economic history.