Roman economic difficulties 

Here is an excellent, if problematic, article that purports to show how Roman central planners destroyed the Empire’s economy. He is absolutely dead-on regarding Diocletian’s reforms, so beloved of textbook authors. Students interested in the decline/transformation of the Roman world will find this fascinating.

My problems with the article. The author has interesting things to say about the economy of the Late Republic, then jumps too quickly to the third century. He ignores the huge boost that expansion – and the new human capital in the form of slaves – brought Rome. Once the frontiers stabilized, these injections of new wealth ended. He also misses the huge drain on the imperial treasury occasioned by the revolving door emperors of the third century. New emperors needed to make “donations” to the troops to buy their loyalty. More troops were needed to defend the frontiers against marauding tribes. What a mess! 

Problems aside, a nice, quick essay.

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About George Vascik, Historian

A 1988 graduate of the University of Michigan, I have taught history at Miami University since 1992. I maintain blogs on teaching Western Civilization and on Great War. My research focuses on anti-Semitism and rural politics in northwest Germany. I am completing a monograph for Bloomsbury Press, Anti-Semitism and Rural Politics. You can follow my project at http://peasantsandjews.org. Along with Mark Sadler, I have published a book of primary documents on the Stab-in-the-Back Myth (Dolchstoßlegende). http://www.dolchstosslegende.com. I also invite you to visit my profession web page at http://georgevascik.org.
This entry was posted in Classics, Constantine, HST 121 and tagged , . Bookmark the permalink.

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