Methods of pricing and price regulation in Roman Palestine in the third and fourth centuries.

From: The Journal of the American Oriental Society | Date: July 1, 2001| Author: | Copyright information

While it is widely recognized that regulation of commercial prices was an important factor of economic life in the Roman Empire, little is known of the mechanisms through which this was carried out. The literature of the Jewish sages--particularly the Mishna, Tosefta, and Midrashim--provides useful information on price regulation in Roman Palestine. The religious authorities of the community contributed to the stabilization of the local economy through their interpretation of relevant Jewish laws.

INTRODUCTION

PRICING AND PRICE REGULATION are central to any economy and ...

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