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Keyword: slavebasedeconomy

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  • Analysis of Roman coins uncovers evidence of financial crisis

    04/09/2022 8:05:00 AM PDT · by SunkenCiv · 24 replies
    Phys dot org ^ | April 6, 2022 | University of Warwick
    New scientific analysis of the composition of Roman denarii has brought fresh understanding to a financial crisis briefly mentioned by the Roman statesman and writer Marcus Tullius Cicero in his essay on moral leadership, De Officiis, and solved a longstanding historical debate.Researchers at the University of Warwick and the University of Liverpool have analyzed coins of the period and revealed a debasement [sic] of the currency far greater than historians had thought, with coins that had been pure silver before 90BC cut with up to 10 percent copper five years later...The reference is part of an anecdote describing self-serving behavior...