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: 22 July 2019

How Prosperous were the Romans? Evidence from Diocletian's Price Edict (AD 301)

How Prosperous were the Romans? Evidence from Diocletian's Price Edict (AD 301)

Chapter:
(p.327) 16 How Prosperous were the Romans? Evidence from Diocletian's Price Edict (AD 301)
Source:
Quantifying the Roman Economy
Author(s):

Robert C. Allen (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199562596.003.0016

This chapter compares the standard of living of labourers in the Roman Empire in 301 AD with the standard of living of labourers in Europe and Asia from the Middle Ages to the Industrial Revolution. Roman data are drawn from Diocletian's Edict on Maximum Prices. The real wage of Roman workers was like that of their counterparts in the lagging parts of Europe and much of Asia in the middle of the 18th century. Roman workers earned just enough to buy a minimal subsistence consumption basket. Real wages were considerably higher in the advanced parts of Europe in the 18th century, as they had been in Europe generally following the Black Death in 1348–9.

Keywords:   standard of living, real wages, Roman Empire, labour, subsistence

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 .