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Chapter 10 - Expenditure

from Part III - THE ROYAL ECONOMY

Published online by Cambridge University Press:  22 September 2009

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Summary

With regard to expenditure, what is to be cut and when, and whether to meet expenses with coinage or with goods in place of money.

The main regular expenses of the empire concerned the maintenance of armed forces and satrapal administration and the upkeep of king and court. Ad hoc expenditure aided the kings' foreign and domestic policies and included the funding of city construction, grants of tribute and taxation relief and gifts to cities, temples and individuals. And one should not forget losses suffered in war, in particular the Roman indemnity after Magnesia.

Expenditure was incurred both in silver and in kind and my theme has been that, increasingly, it took the form of silver, as this was what its major destination, the Seleukid armed forces, required. An attempt will be made in chapter 12.4 to estimate total expenditure.

MILITARY EXPENSES

No figures are given in the sources for the military costs of the Seleukids at any time and yet, as will be seen below, this represented the major expense item of the royal economy. This was a ‘spear-won’ empire, retaining its hold on the land, as its predecessors had done in the Near East, primarily through the threat and application of military force. An army was maintained in order to exact tribute and fed off the process of this tribute.

Type
Chapter
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The Seleukid Royal Economy
The Finances and Financial Administration of the Seleukid Empire
, pp. 189 - 212
Publisher: Cambridge University Press
Print publication year: 2004

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  • Expenditure
  • G. G. Aperghis
  • Book: The Seleukid Royal Economy
  • Online publication: 22 September 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511482694.012
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  • Expenditure
  • G. G. Aperghis
  • Book: The Seleukid Royal Economy
  • Online publication: 22 September 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511482694.012
Available formats
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  • Expenditure
  • G. G. Aperghis
  • Book: The Seleukid Royal Economy
  • Online publication: 22 September 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511482694.012
Available formats
×