The left hates history

Thank you Diogenes! Appreciate it!

Always glad to recommend good work. There is quite a bit of seafaring going on in the part I'm reading right now. Let me know what you think of the author's authenticity of nautical details, if you will (keep in mind the book was written in the early 1970s before satnav, etc.).
 
"Rome handed out free grain to 40,000 citizens in 73 BC. By 46 BC, Julius Caesar found 320,000 people lining up for their monthly ration.

That eight-fold expansion happened in under three decades, and it shows you how welfare states actually grow.

No Roman senator stood up and announced a plan to addict a third of the city to government bread. It happened incrementally, through political competition.

Each magistrate who wanted votes expanded eligibility. Each expansion normalized the next one.

The citizen who once considered the dole shameful eventually expected it, then demanded it, then organized politically to protect it.

This is the core mechanism free market thinkers have identified across every era: once you create a transfer program, you create a constituency for that program.

Recipients vote.

Administrators build careers.

Grain merchants who supply the state develop a stake in keeping the contracts flowing.

The political economy locks in.

Caesar, to his credit, actually cut the rolls back to 150,000 through verification audits.

It was one of his more economically coherent moves, though the Senate still murdered him. His successors quietly let the numbers climb again.

What did the dole require? Massive grain imports from Sicily, Sardinia, and Egypt, organized through state logistics at state expense, funded by taxation and conquest.

When the conquest revenue dried up, the obligation remained.

Rome had written a check against future military success, and future military success eventually failed to arrive.

The lesson is not complicated. Distribute a benefit and you distribute dependency. Distribute dependency and you distribute political power to whoever controls the distribution.

The grain dole didn't weaken Rome overnight, but it made every subsequent reform politically impossible."


View: https://x.com/Handre/status/2091530147044155784?s=20
 
"Rome didn't fall because of barbarians. It fell because emperors couldn't stop spending money they didn't have.

The process was mechanical. Roman armies were expensive. The legions demanded pay, the frontiers demanded fortification, and the grain dole demanded perpetual subsidy.

When tax revenue fell short, emperors did what every desperate government does: they debased the currency.

The denarius, once nearly pure silver under Augustus, contained just 5% silver by the reign of Gallienus in the 260s AD. They shaved the coins, mixed in base metals, and still called it money.

Prices responded accordingly. Monetary inflation causes price inflation, whether it happens in Rome 2000 years ago or in 2026.

You'd have watched this in real time as a Roman merchant. The goods sitting in your warehouse cost you the same labor and transport to acquire.

But the coins arriving in payment bought less each month. Diocletian's Edict on Maximum Prices in 301 AD attempted to cap inflation by law, threatening death for anyone charging above the mandated rates.

Sellers simply withdrew their goods from market rather than sell at a loss. Price controls produced shortages. Shortages produced famine.

The spiral tightened. As trade collapsed, tax revenue fell further. Soldiers went unpaid or received debased coin they couldn't spend. Loyalty evaporated. Provincial generals raised their own armies and declared themselves emperor (there were over 50 claimants in the 3rd century alone).

Free market thinkers have always pointed to this sequence as the purest historical case study in monetary destruction.

When government substitutes political will for sound money, it doesn't bend economic law. It cannot bend.

The Roman state inflated its way into insolvency, controlled its way into scarcity, and taxed its way into abandonment. Rome liquidated itself
".



View: https://x.com/Handre/status/2091497407460561170?s=20
 
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