The Economics of The Fall of Rome

[FreeMind&Market]

Here is a great article about the economics behind the fall of Rome. In large part, it has to do with the debasing of currency ...

http://www.cato.org/pubs/journal/cjv14n2-7.html

 

[seapilot]

Here is a great article about the economics behind the fall of Rome. In large part, it has to do with the debasing of currency ...

http://www.cato.org/pubs/journal/cjv14n2-7.html

People that never learn history are destined to repeat it. This scenario is frightingly similar to the USA today.

In conclusion, the fall of Rome was fundamentally due to economic deterioration resulting from excessive taxation, inflation, and over-regulation. Higher and higher taxes failed to raise additional revenues because wealthier taxpayers could evade such taxes while the middle class--and its taxpaying capacity--were exterminated. Although the final demise of the Roman Empire in the West (its Eastern half continued on as the Byzantine Empire) was an event of great historical importance, for most Romans it was a relief.

 

[Donna matrix]

Watch the HBO series "Rome"... very good. (Netflix)

Lots of similarities.