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Trajan Decius – 249-251AD

Trajan Decius 249 – 251 AD First emperor from the Balkans C. Messius Quintus Traianus Decius was born about 201 AD in the Balkans at Budalia of Lower Pannonia. Decius not merely came from a military background but had also attained senatorial rank early in his career serving as consul in 232 AD. Decius was also governor of […]

Caracalla – 198-217AD

Caracalla 198-217 AD Son of Septimus Severus Marcus Aurelius Antoninus, originally named Julius Bassianus, was born at Lugdunum, Gaul, on April 6th, 188 AD. He was the elder son of Septimius Severus and Julia Domna. His original name, Bassianus, came from the Syrian side of his family. Following the Civil War in the aftermath of […]

Nero – 54-68 AD

NERO (54 – 68AD) Born 37 – Died 68 AD, Age 31 Lucius Domitius Ahenobarbus (Nero) was born on the 15th of December at Annum, a small Italian seaside community, in 37 AD. He was the son of Gnaeus Domitius Ahenobarbus and Agrippina Junior., daughter of Germanicus, sister of Caligula, and fourth wife to Emperor Claudius. Nero’s […]

Germanicus – Son of Antonia

Germanicus 15 BC – 19 AD Grandson of Marc Antony Son of Antonia Brother of Emperor Claudius Father of Emperor Caligula Germanicus was the elder son of Nero Claudius Drusus and Antonia, representing the first potential heir from the combined Julio-Claudian bloodline. Germanicus was born in 15 BC and was adopted by Tiberius in 4 AD when Augustus adopted him as his ultimate heir. Germanicus possessed all […]

Gaius Julius Caesar – 44BC

Dictator, 48 – 44 BC Born 100 BC – Assassinated 44 BC, age 56 Temple of Alexandria & the Black Bust of Caesar Commissioned by Cleopatra Gaius Julius Caesar was born to an aristocratic family. His parents were Gaius Julius Caesar and Aurelia. Julius was born on July 13th, 100 BC, for whom the month of July is named. […]

The Monetary History of the Roman Republic

By Martin A. Armstrong It is told that Rome was founded by Romulus and Remus in about 753 BC. Roman tradition held that the first Romans migrated to Italy following the fall of Troy. If so, the Romans would appear to have lost most of their culture and artistic skills. It is perhaps more likely […]

On The Principles of Political Economy and Taxation Part 3

Chapter 23: On Bounties on Production It may not be uninstructive to consider the effects of a bounty on the production of raw produce and other commodities, with a view to observe the application of the principles which I have been endeavouring to establish, with regard to the profits of stock, the division of the […]

On The Principles of Political Economy and Taxation Part 2

Chapter 12: Land-Tax A land-tax, levied in proportion to the rent of land, and varying with every variation of rent, is in effect a tax on rent; and as such a tax will not apply to that land which yields no rent, nor to the produce of that capital which is employed on the land […]

On The Principles of Political Economy and Taxation Part 1

PREFACE The produce of the earth — all that is derived from its surface by the united application of labour, machinery, and capital, is divided among three classes of the community; namely, the proprietor of the land, the owner of the stock or capital necessary for its cultivation, and the labourers by whose industry it […]

An Inquiry Into the Nature and Causes of the Wealth of Nations Book 5

BOOK FIVE OF THE REVENUE OF THE SOVEREIGN OR COMMONWEALTH CHAPTER I: Of the Expenses of the Sovereign or Commonwealth ——————————————————————————– PART 1 Of the Expense of Defence THE first duty of the sovereign, that of protecting the society from the violence and invasion of other independent societies, can be performed only by means of […]