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Pet Peeve: that BOGUS 'a sack of Gold for a loaf of bread' adage
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<p>[QUOTE="medoraman, post: 1570317, member: 26302"]I understand sir, but its an economics paper and it is majorly off on the coinage metrics of the era. Just off the bat, it lists a denari as about 1 gram, when in fact its around 3.8 grams. In an economic paper that has such dramatic errors, and then tries to correspond these "1 gram" denari and talk about relative worth of metal, I am just saying I find the very foundation of the economic proposal flawed.</p><p><br /></p><p>Btw, I find the second paper better, but have not read it thoroughly. Thank you very much for posting it though. I will try to read more later. The main concern I would have regarding wheat price comparisons would be:</p><p><br /></p><p>1. Price reporting was sporadic and the ancient authors we have proven had their own viewpoints to voice. Due to this we have proven over and over again errors in contemporary accounts.</p><p><br /></p><p>2. Egypt under Rome was a unique province with its own debased coinage system. The authors better be WELL aware of that and take it into account properly to get any useful conclusions.</p><p><br /></p><p>Ardatirion would probably have better comments on these papers than I, but that is what I get from quick reads.</p><p><br /></p><p>Again, I find this stuff fascinating, though, and love you linked them. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1570317, member: 26302"]I understand sir, but its an economics paper and it is majorly off on the coinage metrics of the era. Just off the bat, it lists a denari as about 1 gram, when in fact its around 3.8 grams. In an economic paper that has such dramatic errors, and then tries to correspond these "1 gram" denari and talk about relative worth of metal, I am just saying I find the very foundation of the economic proposal flawed. Btw, I find the second paper better, but have not read it thoroughly. Thank you very much for posting it though. I will try to read more later. The main concern I would have regarding wheat price comparisons would be: 1. Price reporting was sporadic and the ancient authors we have proven had their own viewpoints to voice. Due to this we have proven over and over again errors in contemporary accounts. 2. Egypt under Rome was a unique province with its own debased coinage system. The authors better be WELL aware of that and take it into account properly to get any useful conclusions. Ardatirion would probably have better comments on these papers than I, but that is what I get from quick reads. Again, I find this stuff fascinating, though, and love you linked them. :) Chris[/QUOTE]
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Pet Peeve: that BOGUS 'a sack of Gold for a loaf of bread' adage
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