Question

Explain the basic characteristics of Roman Economic Thought and its congruence with Roman social structure.

Answer 1

From Greece the staff went to Italy, and the greatness of Greek idea got converged in the magnificence that was Rome's. No interruption need be made to retail the exceptionally sparse data we have about early Roman idea, before the upgrade of Greek thoughts had been gotten. Get the job done it to state that beside law, the main works of the Romans were created affected by Greek idea, and, as on account of then-craftsmanship, an eminent absence of newness and innovation is obvious.

The Athenians were masterminds, sharp and scientific. The Romans were men of activity, warriors and legislators. The previous left a way of thinking which significantly influenced the morals and eco­nomics of later masterminds; the last constructed foundations which as significantly influenced law and legislative issues. The legacy of the one has been an immediate and abstract power; the other, essentially roundabout and target, molding the idea of the person. In any case, Roman idea has had more straightforward impact than its inborn profundity would represent.

Of particular intrigue is the way that the rot of Rome was well under way when her main essayists were locked in on their works. This reality shaded their works and molded their monetary thoughts. The condition of rot was in any event half saw by them, and cures were called attention to for the wrongs observed. The causes and cures as they introduced themselves — state in the hour of Caesar — were just to some extent monetary; yet the financial thoughts of the Roman savants were to a great extent pallia­tives for a declining state.

Roman monetary thoughts might be accumulated from two fundamental (1) the Jurists and journalists on lawful issues; (2) the savants. Of less significance are (3) a couple of journalists on agriculture, their thoughts were either simply specialized or fall under the philosophical gathering.