Archived Articles by Larry Kelley
A compilation of all Larry Kelley’s published articles, blog posts and opinions.
Immutable Law #8
Debasing the currency always destabilizes the governing authority. During the late second century and early third centuries AD several Roman Emperors attempted to inflate the Empire’s wealth. They recalled some of the outstanding gold coinage, secretly melted it down, and reissued it with leaden cores. In each case, this tactic [...]
Immutable Law #7
With the loss of fiscal solvency comes a loss of sovereignty. After the fall of the Roman Empire of the West in AD 476, the Emperor Justinian came to power in Constantinople, the capital of the still existent Roman Empire of the East. With the help of some able generals, [...]
Immutable Law #6
To hold territory, a state must be populated by those loyal to the central authority. When immigration overwhelms assimilation, the fall is predicted. In the summer of 376 AD, the Roman Emperor, Valens, agreed to allow a very large tribe of Goths to settle in Thrace. He could not have [...]
Immutable Law #5
When a free people, through taxation, is deprived of its ability to acquire wealth and property, collapse is presaged. Crushing taxation imposed upon the middle and lower class Romans contributed to the loss of the Roman provinces of Gaul, Iberia, and North Africa to the German invaders of the fifth [...]
Immutable Law #4
If a people cannot avoid continuous internal warfare, they will have a new order imposed from without. As the fifth century wore on, leading to the final disappearance of Roman governance in Western Europe, Roman armies continued their long suffering tradition of proclaiming their generals Emperor. While vast portions of [...]
Immutable Law #3
Appeasement of a ruthless outside power always invites aggression. Treaties made with ruthless despots are always fruitless and dangerous. Prior to the ultimate conquest of the Greek mainland in 338, Greek allies, Thebes and Athens, negotiated the Peace of Philocrates with Philip II of Macedon. This gave him their acquiescence [...]