- Byzantine capitalist of the late 13th century. His will of 1294, deeding his estate to a monastery in Constantinople (q.v.), is an inventory of assets in the region of Smyrna and Nymphaion (qq.v.). Included are textile factories, a bakehouse and bakery, vineyards, cattle and horses, half of a bathhouse, and various other properties. The diversity of his holdings, and the obvious wealth they represent, illustrate the free enterprise and relative lack of state control over the economy of this period.
Historical Dictionary of Byzantium . John H. Rosser .
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Economy — Byzantium s (q.v.) economy was based chiefly on agriculture (q.v.), for most citizens of the empire were farmers. By the ninth century, farmers were free peasants (as reflected in the Farmer s Law [q.v.]), and remained such until the growth of … Historical dictionary of Byzantium