One Thousand and One Conjectures

Greenland's ice sheet and Roman monetary history are usually studied by different disciplines, yet the first quietly records the second: lead deposition in Greenland ice cores derives largely from the atmospheric fallout of Roman smelting, and because silver was refined from lead-rich…

Coin hoards and the VIX volatility index are the two well-known things joined here: hoard deposition is antiquity's fear gauge. People bury treasure when they are frightened, and — crucially — they bury on rumor, before armies actually arrive, just as modern…

Circulation velocity — how fast money changes hands, a quantity economists struggle to measure even today — is here read off the physical surfaces of the coins themselves. Every transaction abrades a coin slightly, so cumulative wear divided by time in circulation…

Bronze needs tin, and Late Bronze Age tin moved through a long-distance exchange network linking a handful of distant sources to every workshop in the eastern Mediterranean. In network terms, some cities were mere consumers while others were high-betweenness brokers — nodes…

This joins Wright's law — the industrial learning curve, under which performance improves as a power law of cumulative production — to the humblest of ancient mass products, amphorae and lamps. Wright's law is usually treated as a discovery of twentieth-century aircraft…

This joins Roman economic history to archaeometric chemistry. Fresh Roman glass was made in a handful of great Levantine furnaces and shipped west as raw chunks; when supply chains ran smoothly, workshops melted fresh glass, and when they faltered, workshops fed broken…

This joins the mysterious accuracy of medieval portolan charts to the statistics of error averaging. Portolans appear in the late 13th century already startlingly accurate, with no known surveying campaign behind them; the conjecture's explanation is that they are averaged compass logs…

Joins actuarial insurance pricing to maritime archaeology. A fourth-century BCE Athenian bottomry loan was repaid only if the ship survived the voyage, so the premium over ordinary land-secured interest is a pure risk price: if lenders broke even, the spread directly encodes…

The oldest Greek private letters survive on folded lead sheets from places like Berezan and Emporion — merchants' instructions crossing the sixth- and fifth-century BCE colonial seas. Lead was the medium of long-distance commercial writing where papyrus supply was unreliable and durability…