I suppose there are no economies of scale. (Image text) In an economic context, “household” is a poor term. It should be replaced with the concept of “catallactics,” which refers to exchange and adaptation. Economics, or oikos-nomia, is one …

In the ancient Roman army, the Praetorian Guard—the emperor’s personal bodyguards—enjoyed privileged status. For example, their term of service was 16 years, followed by a pension of 20,000 sesterces, whereas a legionary …