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Trade in the Ancient Mediterranean
Private Order and Public Institutions
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Format: Hardback
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How ancient Mediterranean trade thrived through state institutionsFrom around 700 BCE until the first centuries CE, the Mediterranean enjoyed steady economic growth through trade, reaching a level not to be regained until the early modern era. This process of growth coincided with a process of state formation, culminating in the largest state t
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Description
How ancient Mediterranean trade thrived through state institutions.
From around 700 BCE until the first centuries CE, the Mediterranean enjoyed steady economic growth through trade, reaching a level not to be regained until the early modern era. This process of growth coincided with a process of state formation, culminating in the largest state the ancient Mediterranean would ever know, the Roman Empire. Subsequent economic decline coincided with state disintegration. How are the two processes related?
In Trade in the Ancient Mediterranean, Taco Terpstra investigates how the organisational structure of trade benefited from state institutions. Although enforcement typically depended on private actors, traders could utilise a public infrastructure, which included not only courts and legal frameworks but also socially cohesive ideologies. Terpstra details how business practices emerged that were based on private order, yet took advantage of public institutions.
Focusing on the activity of both private and public economic actorsβfrom Greek city councillors and Ptolemaic officials to long-distance traders and Roman magistrates and financiersβTerpstra illuminates the complex relationship between economic development and state structures in the ancient Mediterranean.
Series: The Princeton Economic History of the Western World
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Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
Trade in the Ancient Mediterranean by Taco Terpstra is praised for its valuable and thought-provoking case studies that contribute to the debate on ancient trade practices. It offers a stimulating narrative filled with rich historical details, making it a significant addition to discussions on the ancient economy. The book's exploration of trade interactions and negotiations across the Mediterranean provides important insights for economic history, highlighting its multidisciplinary and cross-cultural approach.
Book Details
INFORMATION
ISBN: 9780691172088
Publisher: Princeton University Press
Format: Hardback
Date Published: 09 April 2019
Country: United States
Imprint: Princeton University Press
Illustration: 9 b/w illus. 6 maps.
Audience: Tertiary education, Professional and scholarly
DIMENSIONS
Width: 155.0mm
Height: 235.0mm
Weight: 250g
Pages: 296
About the Author
Taco Terpstra is assistant professor of classics and history at Northwestern University. He is the author of Trading Communities in the Roman World.
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