"18. From that year when Gnaeus and Publius Lentulus were consuls (18 Bc), when the taxes fell short, I gave out contributions of grain and money from my granary and patrimony, sometimes to 100,000 men, sometimes to many more..."Looks like he kept it simple; complete absence of WEAK appeals and certainly no panic, as it should be.
Excerpt from "The Deeds of Divine Augustus" which documents much more of the absolute Roman fiscal authority.
the Modern money and public purpose seminar 3 video is now online by the way.
ReplyDeleteMatt and Tom, you might like this series of articles by JJ Dewey The
ReplyDeleteEconomy – One Last Chapter
very good sections on Fiat currency vs Gold standard
Clonal Matt and Tom, you might like this series of articles by JJ Dewey The
ReplyDeleteEconomy – One Last Chapter
Thanks, Clonal. Saw that when you posted it on the 15th. Just haven't had a chance to look at it yet. I hope to get to it over the weekend.