Paul Krugman

@paulkrugman ↗

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Last Checked July 26, 2020

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Fri Jul 05 13:04:57 +0000 2019

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Paul Krugman @paulkrugman

The Roman Empire was government of, by, and for an exploitative elite; but there were rules, there was stability, and the society appears to have been richer, even for the plebs, than any preindustrial society until maybe the 17th century. 3/ — PolitiTweet.org

Posted July 5, 2019 Hibernated

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Paul Krugman @paulkrugman

Branko says that for much of the world the choice is between stable and unstable kleptocracy, which is true. I'd just add that for most of history that was the choice everywhere. Until the Industrial Revolution, stable kleptocracy was pretty much what "civilization" meant 2/ — PolitiTweet.org

Posted July 5, 2019 Hibernated

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Paul Krugman @paulkrugman

The Dark Ages basically were a collapse into unstable kleptocracy; the barbarians weren't necessarily any more grasping than Roman senators, the problem was that you never knew which barbarian would be seizing this year's harvest 4/ — PolitiTweet.org

Posted July 5, 2019 Hibernated