Letter 11011: The prices of food supplies should follow the logic of the season, so that neither cheapness is sought when prices...

CassiodorusUnknown|c. 522 AD|Cassiodorus
imperial politics
From: Senator [Cassiodorus], Praetorian Prefect
To: [Public edict for Ravenna]
Date: ~533-537 AD
Context: Cassiodorus publishes an edict of maximum prices for foodstuffs in Ravenna — echoing Diocletian's famous Price Edict of 301 AD.

The prices of food supplies should follow the logic of the season, so that neither cheapness is sought when prices are high nor high prices when goods are cheap. Rather, with a fair balance struck, both the grumbling of buyers and the complaints of burdened merchants should be eliminated.

Therefore, having weighed all factors and assembled the calculation with precision, I have posted below the prices of the various commodities — so that, with all uncertainty removed, the regulation of the specified goods may be maintained. If any seller fails to observe what this edict declares, let him know that for each violation he will be fined six solidi [gold coins] and may also be subjected to a beating with rods — so that the fear of financial loss may deter him and the prescribed punishment may afflict him severely.

Modern English rendering for readability. See the 19th-century translation or original Latin/Greek for scholarly use.

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