Execupundit.com
Commentary by management consultant Michael Wade on Leadership, Ethics, Management, and Life
Wednesday, February 18, 2026
The Debt Threshold
Niall Feguson on the dangers of the national debt.
Modern Afflictions
Commentary magazine: Christine Rosen on suicidal empathy.
Tuesday, February 17, 2026
Coming Soon: Brad Pitt as Nelson Mandela
The cast for a play about Joan of Arc has been announced.
Time to Explore Why So Many Modern Politicians Are Getting Rich
The reforms of Diocletian and Constantine, by implementing a policy of systemic spoliation to the profit of the State, made all productive activity impossible. The reason is, not that there were no more large fortunes: on the contrary, their build-up was made easier. But the foundation of their build-up was now no longer creative energy, or the discovery and bringing into use new sources of wealth, or the improvement and development of husbandry, industry, and commerce. It was, on the contrary the cunning exploitation of a privileged position in the State, used to despoil people and State alike. The officials, great and small, got rich by way of fraud and corruption.
- Michael Ivanovich Rostovtzev, Social and Economic History of the Roman Empire (Oxford, 1926), p. 475.