Freedmen occupied a complex and often problematic place in Roman society between slaves on the one hand and freeborn citizens on the other. Playing an extremely important role in the economic life of the Roman world, they were also a key instrument for replenishing and even increasing the size of the citizen body. This book presents an original synthesis, for the first time covering both Republic and Empire in a single volume. While providing up-to-date discussions of most significant aspects of the phenomenon, the book also offers a new understanding of the practice of manumission, its role in the organisation of slave labour and the Roman economy, as well as the deep-seated ideological concerns to which it gave rise. It locates the freedman in a broader social and economic context, explaining the remarkable popularity of manumission in the Roman world.

The author tells the history of the Freedman’s Savings Bank, how it grew much too quickly, why it failed and the impact on Black America. The end of slavery in the United States left thousands of enslaved people with the need to survive the transition to freedom, including food, clothing, shelter, and medical care. They would also need education, money and financial services. In 1865 Congress passed legislation to create the Freedman’s Bureau to provide those services. It also created the Freedman’s Savings Bank. Large numbers of the formerly enslaved people had been paid for service in the Union Army – the first time many had cash. And they had no safe depository. The Freedman’s Bank offered that, expanding quickly and gained millions in deposits – mostly ranging from $5 to $50. But inexperience and corruption doomed it to failure, costing many of the small depositors their savings. Some of the biggest issues facing Black consumers today may be able to trace their roots back to this debacle, from the historical distrust in banks to the racial wealth gap. Why publish now? On the heels of the social justice protests of 2020 and the Covid pandemic, some of the persistent and long-lasting problems facing Black Americans bubbled to the top. Black Americans suffered more than White Americans – they got sicker and died more frequently. In addition, they bore the brunt of the job losses economically and business failures. White Americans (and many Black Americans) learned about how vibrant Black communities like Black Wall Street in Tulsa, Oklahoma, were burned to the ground by angry White mobs, destroying generational Black wealth. The racial wealth gap was pushed to the forefront of the debates. Many of those issues in the wealth gap – including the distrust of Banks and the lack of generational wealth in the Black community can be traced back to the collapse of the Freedman’s Savings Bank and the resulting loss of wealth and generational wealth in Black America. This book will put the Freedman’s Savings Bank in the conversation with reparations, Baby Bonds and financial literacy.

In this study, Lauren Petersen critically investigates the notion of 'freedman art' in scholarship.