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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label Roman era. Show all posts

Friday, March 18, 2016

Infographics: Deaths of Roman Emperors vs. Coinage Debasement (Inflationism)

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The Visual Capitalist showcases on the death of Roman emperors with that of inflationism. The Money Project is an ongoing collaboratio...

Friday, February 19, 2016

Infographics: How Inflationism Led to the Collapse of the Roman Empire

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Money as medium of exchange accounts for half of almost every conducted social transactions So the abuse of money will not only have unint...

Wednesday, April 18, 2012

Lessons from the Roman Era Socialism

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Inflationism had only been part of the financial repression policies that led to the fall of the Roman empire. Surviving the Roman empire’s...

Tuesday, April 17, 2012

Lessons from the Roman Era Devaluations

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Writes Simon Black at the Sovereign Man In his 1958 work State and Currency in the Roman Empire to 300 A.D. , Sture Bolin outlines the ...

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Monday, April 09, 2012

Quote of the Day: The Road to Serfdom

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Rome had its socialist interlude under Diocletian. Faced with increasing poverty and restlessness among the masses, and with the imminent ...

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