How excessive governments killed ancient Rome

Article Abstract:

Ancient Rome went into decline due to economic destabilization on account of excessive taxation, inflation and overegulation. Increase in taxes could not raise additional revenues as rich taxpayers could evade such increase while the middle class could not pay. The decline of Roman Empire in the West was regarded as an important historical event while for most Romans it hardly made an impact on their way of life. The new rulers tried to provide peace and stability and increase the taxpaying capacity of their subjects.

Social aspects, Political aspects, Rome (Ancient state), Taxation, Industry regulations, Government regulation of business, Trade regulation, Economic stagnation

---

The art of forecasting: from ancient to modern times

Article Abstract:

The modern differences between theory-free and structural models of forecasting reflect the old distinctions between artificial and natural or initiative divination. The most popular of the ancient techniques of prediction and forecasting is Cicero's 'De Divinatione,' written around 45 BC, which deals with the concept of Divination. The modern technique of theory-free forecasting, as represented by the Box-Jenkins analysis, was first propounded by Quintus, in the first part of Cicero's work.

Forecasting

---

Criteria for judging macroeconomic forecasting

Article Abstract:

Victor Zarnowitz, in his analysis of the limited dimensions of macro-forecasting, concentrates only on macroeconomic projections. However, he has examined the main issues concerning the evaluation of forecasting, such as the interdependence of judgment-type forecasting, model-based forecasting and time-series methods. The main flaw in Zarnowitz's reasoning is that he does not examine all of the criteria involved in the success or failure of macro-forecasting.

Evaluation, Zarnowitz, Victor

Similar abstracts:

• Abstracts: Moscow's testing ground for new forms of economic and political life. The dismal fate of Soviet-type economies: Mises was right
• Abstracts: Confronting a classic dilemma. A program for democratic reform
• Abstracts: Contemporary documents and commentaries in political economy: globalization and its discontents. Economic development and unequal excahnge among nations: analysis of the U.S., Japan, and South Korea
• Abstracts: Confidential media sources and the First Amendment. Attorney-client privilege - dead or alive? A post-mortem analysis
• Abstracts: UNICOR's strategic planning process: a developmental model. Unmasking economics: a critical perspective. National security and domestic policy-making: the similarities and critical differences

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.