The early Roman empire: The state and the economy

The chapter examines, in the light of New Institutional Economics, the role that the princeps and the imperial administration played in the economy of the Early Empire and the effects that taxation, the management of the imperial property, the issuing of coinage and “public” expenditure must have had on the long-term trend of the Empire.

Il capitolo esamina, alla luce delle concettualizzazioni della New Institutional Economics, il ruolo che l’amministrazione imperiale e il princeps hanno giocato nell’economia del Principato e gli effetti che l’imposizione fiscale, la gestione della proprietà imperiale, l’emissione della moneta e la spesa “pubblica” hanno potuto avere sulla dinamica economica di lungo periodo dell’impero. The chapter examines, in the light of New Institutional Economics, the role that the princeps and the imperial administration played in the economy of the Early Empire and the effects that taxation, the management of the imperial property, the issuing of coinage and “public” expenditure must have had on the long-term trend of the Empire.