Swiss Economicblogs.org
I consider it self-evident that we are in the third and final stage of self-serving Imperial decay. Here is the current context of the discussion of Imperial lifecycles: the U.S. defense budget is roughly the same size as the rest of the world’s defense spending combined => Luttwak describes the first stage of expansion thusly: “With brutal simplicity, it might be said that with the first system the Romans of...
Read More »The Three Stages of Empire
