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As the Roman Empire expanded and became richer, its wealthy citizens demanded increasing amounts of luxury items, especially ...
Agriculture remained an ideal measure of wealth in the ancient world even after Rome achieved economic superiority.
Tariffs of 25% in ancient Rome led to the rise of black markets—a potential challenge for the Trump administration too.
Peter Edwell receives funding from the Australian Research Council. Tariffs are back in the headlines this week, with United States President Donald Trump introducing sweeping new tariffs of at ...
As someone who’s spent years researching the economy of Ancient Rome, it all feels a shade familiar. In fact, tariffs were also used in Ancient Rome, and for some of the reasons that governments ...