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Costs of Living in Roman Palestine

Costs of Living in Roman Palestine COSTS OF LIVING IN ROMAN PALESTINE IV BY DANIEL SPERBER ' . CONCLUSION In our discussion of III cent. prices two significant points emerged, both of which require some further consideration. (A) We noted that though the actual currency started depreciating already early in the century, prices did not rise radically till some time around the '70s. Thus, for instance "there is no indication of a significant change in price level in the period covered by the parchments and papyri from Dura" 1) which extend from the late I cent. to c. 2 j 4. (I have set out the published material from Dura above, in JESHO 9/3, 1966, pp. (B) When these prices did rise, they did so primarily in terms of debased silver. In terms of gold, however, prices both in the III and IV cent. did not change radically.2) The first observation poses something of a problem. The second, left as it stands, gives a one-sided view of the situation. To complete this part of the picture, we must first know more as to the relative amounts of copper, debased silver and gold circulating. Thus, if neither gold nor pure silver were actually available, people http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of the Economic and Social History of the Orient Brill

Costs of Living in Roman Palestine

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Publisher
Brill
Copyright
© 1970 Koninklijke Brill NV, Leiden, The Netherlands
ISSN
0022-4995
eISSN
1568-5209
DOI
10.1163/156852070X00015
Publisher site
See Article on Publisher Site

Abstract

COSTS OF LIVING IN ROMAN PALESTINE IV BY DANIEL SPERBER ' . CONCLUSION In our discussion of III cent. prices two significant points emerged, both of which require some further consideration. (A) We noted that though the actual currency started depreciating already early in the century, prices did not rise radically till some time around the '70s. Thus, for instance "there is no indication of a significant change in price level in the period covered by the parchments and papyri from Dura" 1) which extend from the late I cent. to c. 2 j 4. (I have set out the published material from Dura above, in JESHO 9/3, 1966, pp. (B) When these prices did rise, they did so primarily in terms of debased silver. In terms of gold, however, prices both in the III and IV cent. did not change radically.2) The first observation poses something of a problem. The second, left as it stands, gives a one-sided view of the situation. To complete this part of the picture, we must first know more as to the relative amounts of copper, debased silver and gold circulating. Thus, if neither gold nor pure silver were actually available, people

Journal

Journal of the Economic and Social History of the Orient – Brill

Published: Jan 1, 1970

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