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The Edict on Maximum Prices (Latin: Edictum de Pretiis Rerum Venalium, "Edict Concerning the Sale Price of Goods"; also known as the Edict on Prices or the Edict of Diocletian) was issued in 301 AD by Diocletian. The document denounces greed and sets maximum prices and wages for all important articles and services.
The Edict exists only in fragments found mainly in the eastern part of the empire, where Diocletian ruled. The reconstructed fragments have been sufficient to estimate many prices for goods and services for historical economists (although the Edict attempts to set maximum prices, not fixed ones). It was probably issued from Antioch or Alexandria and was set up in inscriptions in Greek and Latin.
The Edict on Maximum Prices is still the longest surviving piece of legislation from the period of the Tetrarchy. The Edict was criticized by Lactantius, a rhetorician from Nicomedia, who blamed the emperors for the inflation and told of fighting and bloodshed that erupted from price tampering. By the end of Diocletian's reign in 305, the Edict was for all practical purposes ignored. The Roman economy as a whole was not substantively stabilized until Constantine's coinage reforms in the 310s.
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long-standing Praetor's Edict, a periodic document which first began under the late Roman Republic (c. 509–44 BC). EdictonMaximumPrices (301), by Roman Emperor...
[price limit] law, after having proved destructive to many people, was from mere necessity abolished." As with Diocletian's EdictonMaximumPrices, shortages...
Diocletian's plans were successful: the EdictonMaximumPrices (301), his attempt to curb inflation via price controls, was counterproductive and quickly...
that revalues the Roman currency. November: Diocletian issues his EdictonMaximumPrices, which, rather than halting rampant inflation, causes widespread...
applied throughout the Empire. The emperor Diocletian's EdictonMaximumPrices (301) includes set prices for footwear described as caligae, but with no hobnails...
about 12 times as much as silver in ancient Rome (in Diocletian's EdictonMaximumPrices of 301), such a silver coin would have a theoretical weight of...
Augusta uses the phrase to refer to several fictitious coins. EdictonMaximumPrices Roman currency Solidus (coin) Elton, Hugh (1 January 2006), Potter...
denarii, the wage of fifty months' labour. Diocletian's EdictonMaximumPrices from 301 AD gives a price of 125 denarii for a pound of cassia, while an agricultural...
mention lana pinna ("pinna wool"). Emperor Diocletian's (301 AD) EdictonMaximumPrices lists it as a valuable textile. The Byzantine historian Procopius's...
percent silver. Diocletian issued an EdictonMaximumPrices in 301, which attempted to establish the legal maximumprices that could be charged for goods...
roughly one dupondius (1⁄8 of a denarius); after Diocletian's EdictonMaximumPrices was issued in 301 AD, the same item cost 8 debased common denarii...
himself as such. This EdictonMaximumPrices fixed the salary of a grammaticus at 200 denarii per pupil per month, though the edict was unenforceable, ignored...
neighboring wine of the so-called Praetutianum. In Diocletian's Edictonmaximumprices, it was mentioned that a Picenum wine, where Hadrianum was produced...
was the only Eastern Adriatic port-city listed in Diocletian's EdictonMaximumPrices, and out of all listed port-cities it had most maritime connections...
Diocletian's plans were successful: the EdictonMaximumPrices (301), his attempt to curb inflation via price controls, was counterproductive and quickly...
Valerios Stais uncovered an inscription bearing part of Diocletian's EdictonMaximumPrices, issued in 301 CE, though he did not record either the precise...
calculations made by applying the ORBIS model to data from Diocletian's EdictonMaximumPrices of 301 CE, transportation by wagon cost between five and fifty-two...
thessalicum or Thessalian marble. In Diocletian's EdictonMaximumPrices, Thessalian marble was priced at 150 denarii per cubic foot - more expensive than...
Hierocles' career is located. The Edict on MaximumPrices is issued by the emperor Diocletian in 301 AD, with the prices and simulated sailing times from Nicomedia...
foreign traders and loss to the empire. Diocletian's EdictonMaximumPrices of 301 AD set the price of one kilo of raw silk at 4,000 gold coins. Wild silk...
Date Event 301 Diocletian issued the EdictonMaximumPrices, reforming the currency and setting price ceilings on a number of goods. 303 24 February Diocletianic...
fees: Claudius capped fees to ten thousand sesterces; the later EdictonMaximumPrices issued during the reign of Diocletian similarly attempted to cap...
products can be found in the EdictonMaximumPrices, issued in 301 A.D. by Emperor Diocletian, which established price caps equal to 80 denarii per modius...
were imposed on anyone directly, deliberately and insidiously stopping supply ships. Under Diocletian, in 301 AD an Edictonmaximumprices established...
empire. In the 4th century, the EdictonMaximumPrices was issued by the emperor Diocletian in 301 AD, with the prices and simulated sailing times from...
"MANCIPIVM RVSTICVM SIVE VRBANVM: The Slave Chapter of Diocletian's EdictonMaximumPrices," Bulletin of the Institute of Classical Studies suppl. 109 (2010)...