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Tag Archives: gold standard

An Academic Gold Standard.

06-May-10

http://relaxapartmanitara.com/uncategorized/picking-israeli-brides/ From time to time in literature, direct references are made to money.  It might be a sesterce or a half-a-crown, a dinar or a livre.  Having a sense of the value of these foreign amounts has always been difficult.  For this reason, old Greek and Latin textbooks would translate the amounts into modern dollar equivalents.  […]

Notes on Roman Money.

06-May-10

Ad Dindar The top unit of value in the coinage of the late Republic in Rome was the aureus, which prior to Nero was approximately 1/42 of a pound of gold.  In 2010 dollars, where a pound of gold is worth about $14,000, the aureus takes on a value of approximately $330. The denarius, a silver coin, […]