price fixing in ancient Rome

One very frustrating thing about focusing on ancient history, which I’ve written about before, is that almost none of these historians seems to know anything about basic price theory — and the topic seems particularly relevant to Roman history, where present-day historians of ancient Rome are consistently clueless.

So I read Forty Centuries of Wage and Price Controls: How Not to Fight Inflation, chapter 2: “The Roman Republic and Empire” and decided it was worth sharing with a broader audience.

Enjoy.

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