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Critical Perspectives on Management Professor Rolf Strom-Olsen !

THIS IS NOT AN ASSIGNMENT THESE QUESTIONS ARE FOR STUDY PURPOSES ONLY
Week 1 Study Questions: Lessons from Rome (I)

The questions below are designed to help you think through ideas that are both directly and indirectly implicated by the reading. Note that not all the topics below will be discussed in the lecture.

1. Was the Roman grain trade made possible by a strong state, or was the strength of the state derived from the kind of economy exemplified by the grain trade?

2. How was the grain trade organised to reduce the costs of using the market? What are some specific examples?

3. What is a sector of the economy today can you think of that resembles the Roman grain trade? Why do you think this is?

4. How does the Roman grain trade help illustrate the principal-agent problem? How was this problem resolved?

5. How does the Roman grain trade help expose the benefits and limitations of an entrepreneurial-driven system?

6. What can we learn about incentive from the way in which the grain trade was organised?

7. What does the organisation of the Roman grain trade teach us about the limitations of a free market economy?

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