Value in The Market
Here are some example salaries and product costs as of the times of Diocletian in the third century AD:
- Farm laborer salary, with meals = 400 asses
- Elementary teacher's salary, per boy = 800 asses
- Barber's service price, per client = 32 asses
- 1 kg of pork = 380 asses (1 lb = 170 asses)
- 1 kg of grapes = 32 asses (1 lb = 15 asses)
Read more about this topic: As (Roman Coin)
Famous quotes containing the word market:
“When General Motors has to go to the bathroom ten times a day, the whole country’s ready to let go. You heard of that market crash in ‘29? I predicted that.... I was nursing a director of General Motors. Kidney ailment, they said; nerves, I said. Then I asked myself, “What’s General Motors got to be nervous about?” “Overproduction,” I says. “Collapse.””
—John Michael Hayes (b. 1919)