Different ways of estimating the Gross Domestic Product of the Roman Empire in the second century CE produce convergent results that point to total output and consumption equivalent to 50 million tons of wheat or close to 20 billion sesterces per year. It is estimated that elites (around 1.5 per...

Reflecting current concerns about economic inequality, scholars who study the pre-modern past are increasingly addressing this issue. The obstacles to measuring the distribution of income or wealth in the ancient Roman world are formidable. Only a few highly localized datasets are available. Any...

This paper analyzes the dynamics of income and wealth inequality in two of the largest ancient empires, Han China and Rome. Pervasive structural similarities emerge from this comparative survey. In both cases, resource concentration at the top of society was greatly amplified by rent-seeking and...

Chapter 1. Introduction: Capital and Classical Antiquity (Max Koedijk and Neville Morley) -- Chapter 2. Problems in the Long-Term Accumulation of Commercial and Financial Capital in Ancient Greece (Michael Leese) -- Chapter 3. Inequality in the Peloponnesian War (Manu Dal Bo Manu Dal Borgo) --...

Income distribution data from before the Industrial Revolution usually comes in the shape of social tables: inventories of a range of social groups and their mean incomes. These are frequently reported without adjusting for within-group income dispersion, leading to a systematic downward bias in...

Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes as unequal as they are today? This article infers inequality across individuals within each of the 28 pre-industrial societies, for which data were available, using what are known as social tables. It...