A Historical Survey of the Many Ways Empires have Succumbed to External and Internal Pressures There are no self-proclaimed empires today. After the twentieth century, with its worldwide wave of decolonizing and liberation movements, the very word "empire" conjures images of slavery, war, repression, and colonialism. None of this is to say that empires are confined to the past, however. By at least some reasonable definitions, empires do exist today. Many articles and books speak about the decline of the "American Empire," for example, or compare the history of the United States to that of Rome or the British Empire. Yet no public official would speak candidly of American "imperial" interests in the Middle East or use the word "empire" in discussions of the nation's future the same way British politicians did in the twentieth century. In addition, empires don't have to fit the classical Roman mold; there are many kinds of empire and varieties of international authority, such as cultural imperialism and economic imperialism. But it is clear empires do not last, even those that once harnessed great wealth, strong armies, and sophisticated legal systems. InThe Fall of Empires: A Brief History of Imperial Collapse, historian Chad Denton describes the end of seventeen empires throughout world history, from Athens to Qin China, from the Byzantium to the Mughals. He reveals--through stories of conquest, corruption, incompetence, assassination, bigotry, and environmental crisis--how even the most seemingly eternal of empires declined. For Athens and Britain it was military hubris; for Qin China and Russia it was alienating their subjects through oppression; Persia succumbed with the loss of its capital; the Khmer faced ecological catastrophe; while the Aztecs were destroyed by colonial exploitation. None of these events alone explains why the empires fell, but they do provide a glimpse into the often-unpredictable currents of history, which have so far spared no empire. A fascinating and instructive survey, The Fall of Empiresprovides compelling evidence about the fate of centralized regional or global power.

Taking a journey through some of history’s most climactic turns of fate, The Fall of Empires charts sixteen ancient empires from glory to ruin. Impeccably researched and featuring many colour photographs and drawings of locations and artifacts, this book offers a fresh, colourful look at the distant past and at the fascinating subject of imperial mortality.

“A riveting account that reaches beyond the market landscape to say something universal about risk and triumph, about hubris and failure.”—The New York Times NAMED ONE OF THE BEST BOOKS OF THE YEAR BY BUSINESSWEEK In this business classic—now with a new Afterword in which the author draws parallels to the recent financial crisis—Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term’s partners, the arrogance of their mathematical certainties, and the culture of Wall Street itself contributed to both their rise and their fall. When it was founded in 1993, Long-Term was hailed as the most impressive hedge fund in history. But after four years in which the firm dazzled Wall Street as a $100 billion moneymaking juggernaut, it suddenly suffered catastrophic losses that jeopardized not only the biggest banks on Wall Street but the stability of the financial system itself. The dramatic story of Long-Term’s fall is now a chilling harbinger of the crisis that would strike all of Wall Street, from Lehman Brothers to AIG, a decade later. In his new Afterword, Lowenstein shows that LTCM’s implosion should be seen not as a one-off drama but as a template for market meltdowns in an age of instability—and as a wake-up call that Wall Street and government alike tragically ignored. Praise for When Genius Failed “[Roger] Lowenstein has written a squalid and fascinating tale of world-class greed and, above all, hubris.”—BusinessWeek “Compelling . . . The fund was long cloaked in secrecy, making the story of its rise . . . and its ultimate destruction that much more fascinating.”—The Washington Post “Story-telling journalism at its best.”—The Economist

The question of why empires decline and fall has attracted the attention of historians for centuries, but remains fundamentally unsolved. This unique collection is concerned with the purely economic aspects of decline. It can be observed of empires in the process of decline that their economies are generally faltering. Here the similarities in different cases of economic decline are identified, bearing in mind that individual histories are characterized by important elements of originality. In his introduction, Professor Cipolla points out that improvements in standards of living brought about by a rising economy lead to more and more people demanding to share the benefits. Incomes increase and extravagances develop, as new needs begin to replace those which have been satisfied. Prosperity spreads to neighbouring countries, which may become a threat and force the empire into greater military expenditure. For these and other reasons, public consumption in mature empires has a tendency to rise sharply and outstrip productivity and, in general, empires seem to resist change. The ten articles in this collection, first published in 1970, examine separate cases of economic decline, from Rome and Byzantium to the more recent histories of the Dutch and Chinese empires, and demonstrate both the resemblances and the peculiarly individual characteristics of each case.

What went wrong in imperial Rome, and how we can avoid it: “If you want to understand where America stands in the world today, read this.” —Thomas E. Ricks The rise and fall of ancient Rome has been on American minds since the beginning of our republic. Depending on who’s doing the talking, the history of Rome serves as either a triumphal call to action—or a dire warning of imminent collapse. In this “provocative and lively” book, Cullen Murphy points out that today we focus less on the Roman Republic than on the empire that took its place, and reveals a wide array of similarities between the two societies (The New York Times). Looking at the blinkered, insular culture of our capitals; the debilitating effect of bribery in public life; the paradoxical issue of borders; and the weakening of the body politic through various forms of privatization, Murphy persuasively argues that we most resemble Rome in the burgeoning corruption of our government and in our arrogant ignorance of the world outside—two things that must be changed if we are to avoid Rome’s fate. “Are We Rome? is just about a perfect book. . . . I wish every politician would spend an evening with this book.” —James Fallows

A warning and a wake-up call to learn history so we are not doomed to repeat it. A must-read for anyone who longs for a promising future for our great nation. What is wrong with America today? Is it possible that America could crumble and our democracy fail? Questions like these plague Americans and cause us to be anxious about the future of the "land that we love." Individuals may come to different conclusions, but there seems to be a common thread - the deep-seated feeling that we need to improve our country. Our culture is increasingly immoral, the family structure is threatened from all sides, and government programs consistently overreach, creating massive debt. In this powerful and prophetic book, nationally syndicated columnist and trusted political commentator Cal Thomas offers a diagnosis of what exactly is wrong with the United States by drawing parallels to once-great empires and nations that declined into oblivion. Citing the historically proven 250-year pattern of how superpowers rise and fall, he predicts that America's expiration date is just around the corner and shows us how to escape their fate. Through biblical insights and hard-hitting truth, he reminds us that real change comes when America looks to God instead of Washington. Scripture, rather than politics, is the GPS he uses to point readers to the right road - a road of hope, life, and change. Because, he says, if we're willing to seek God first, learn from history, and make changes at the individual and community level, we can not only survive, but thrive, again. This powerful, timely, and much-needed perspective is a must-read for anyone who longs for a promising future for our great nation.