Jump to ContentJump to Main Navigation
Quantifying the Roman EconomyMethods and Problems$
Users without a subscription are not able to see the full content.

Alan Bowman and Andrew Wilson

Print publication date: 2009

Print ISBN-13: 9780199562596

Published to Oxford Scholarship Online: September 2009

DOI: 10.1093/acprof:oso/9780199562596.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 18 March 2019

Coinage and Metal Supply

Coinage and Metal Supply

(p.281) 13 Coinage and Metal Supply
Quantifying the Roman Economy

Bruce Hitchner

Oxford University Press

Did the Roman state manipulate the coinage only in response to political or economic problems or to problems of metal supply or was it in any way reacting to problems associated with growth in a hard money economy? This chapter responds to Chapter 12 arguing that manipulations of the coinage, in particular metallurgical manipulation and changes in the volume of coin emission until the mid-3rd century, were as much a consequence of overall economic growth as individual political and economic events. From the standpoint of metallurgical manipulation, it further suggests that increases or decreases in metal extraction for minting purposes may have been closely timed to perceptions of inflationary or deflationary forces, the former requiring increased production of copper, the latter leading to increased demand for new silver and gold. It also contends that state loans, tax remissions, debt cancellations may have functioned as devices to stimulate local economic development.

Keywords:   coinage, metal supply, inflation, deflation, loans, taxes, debt cancellation

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .