Exploring the contrast in economic wealth and advancements between ancient Rome and the present-day global economy, emphasizing the impact of tools and technology on productivity and standards of living. The chapter delves into life expectancy differences, the lack of capital development in Rome, and the consequences on technological progress in the ancient society.
Apparently us guys think about the Roman Empire 5 times a day, but from an economic Perspective it's hard to see why. While they did build a lot of architectural monuments, their economy was actually rather pathetic by almost all metrics. Why was Rome, which had a large empire and notoriety throughout Europe for millennia after its demise, actually a very weak economy?
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