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Risk in the Roman World

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Modern risk studies have viewed the inhabitants of the ancient world as being both dominated by fate and exposed to fewer risks, but this very readable and groundbreaking new book challenges these views. It shows that the Romans inhabited a world full of danger and also that they not only understood uncertainty but employed a variety of ways to help to affect future outcomes. The first section focuses on the range of cultural attitudes and traditional practices that served to help control risk, particularly among the non-elite population. The book also examines the increasingly sophisticated areas of expertise, such as the law, logistics and maritime loans, which served to limit uncertainty in a systematic manner. Religious expertise in the form of dream interpretation and oracles also developed new ways of dealing with the future and the implicit biases of these sources can reveal much about ancient attitudes to risk.

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  • Argues for a cultural definition of Risk instead of a purely numerical approach
  • Shows how Romans deployed a range of strategies to understand and limit risk
  • Proposes new understandings of various Roman practices, such as interest rates, divination and the use of the law to deal with risk
Author: Toner Jerry
Publisher: CAMBRIDGE UNIVERSITY PRESS
Pages: 160
ISBN: 9781108723213
Cover: Paperback
Edition Number: 1
Release Year: 2023

Acknowledgements
1. Risk and uncertainty
2. A world full of risks
3. A risk culture
4. Risk management
5. Moral hazards: constructing risk
6. Conclusion
Bibliography
Index.

Dr Jerry Toner is Fellow and Director of Studies in Classics, Churchill College, Cambridge University. He is the author of How to Manage Your Slaves and Release your Inner Roman, which were published by Profile under his pseudonym Marcus Sidonius Falx.

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