Tuesday, October 28, 2014

Peak Empire, Take TwO

http://www.informationclearinghouse.info/article40080.htm

In their prime, empires are massively profitable ventures. But when the returns on government spending, debt and military spending all turn negative—that is when we enter the realm of diminishing returns on empire—that, according to Tainter's theory, sets them on a trajectory that leads directly to collapse.

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