Ancient Roman trade was severely hampered by slow transportation and by the absence of a state that helped traders enforce their contracts. In Trading Communities in the Roman World: A Micro-Economic and Institutional Perspective Taco Terpstra offers a new explanation of how tra…
In Trading Communities, Taco Terpstra shows that long-distance trade in the Roman Empire was conducted through foreign trading communities living overseas, held together by ethnic and geographical identity.
The Periplus Maris Erythraei, "Circumnavigation of the Red Sea," is the single most important source of information for ancient Rome's maritime trade in these waters (i.e., the Red Sea, Gulf of Aden, and western Indian Ocean). Written in the first century A.D. by a Greek merchan…
The Periplus Maris Erythraei, "Circumnavigation of the Red Sea, " is the single most important source of information for ancient Rome's maritime trade in these waters (i.e., the Red Sea, Gulf of Aden, and western Indian Ocean). Written in the first century A.D. by a Greek mercha…