Cameron Hawkins | Credit Markets and Economic Life in Ancient Rome

submitted by Marvin's Underground Evening Lectures on 10/06/18 1

Money Matters: The Development of Money through the Ancient World. A four-part series that traces the development of economic systems in the ancient world and explore how money as a financial instrument has evolved over the millennia. Credit Markets and Economic Life in Ancient Rome December 3, 2014 Cameron Hawkins Assistant Professor, History and the College, University of Chicago The nature of the ancient Roman economy ensured that there was always a strong demand for credit at all levels of the socio-economic spectrum. Individuals relied on credit not only to fund personal consumption, but also to secure access to business assets and to working capital. Loans extended by professional bankers and moneylenders satisfied some of this demand, but personal credit – whether offered by suppliers to other businessmen, or by retailers to their customers – remained vital to economic life in the Roman world. Our lectures are free and available to the public thanks to the generous support of our members. To become a member, please visit: bit.ly/2AWGgF7

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