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Tag: Rostovtzeff

Mikhail Rostovtzeff: Capitalism Writ Small in the Ancient World

Mikhail Rostovtzeff is barely remembered in our time. Yet the paradox he embodied – a staunch anti-communist who championed economic analysis of classical Greece and Rome – is worth reconsideration. To his great credit, Rostovtzeff set out to shift the focus of ancient historiography on politics and military matters to economic concerns. Classically trained, a man of prodigious learning and without fear of grand narratives, Rostovtzeff boldly reconstructed the economies of ancient Greece and Rome in terms familiar from capitalism, that is, in terms of neoclassical economic theory.