Diocletian's Edict on Maximum Prices - The Pax Romana Podcast 81
Update: 2025-06-11
Description
Diocletian’s Edict on Maximum Prices was a bold attempt to combat hyperinflation. It was sold with moralizing rhetoric--not unlike rhetoric in favor of anti-price-gouging laws or wage and price controls in modern states. Diocletian blamed greed instead of addressing currency issues. Did the Price Edict work?
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