Amit's Blog

From Osman’s Vision to the Republic’s Dawn: The Ottoman Empire’s Grand Saga of Power, Culture, and Transformation The Ottoman Empire (1299–1922 CE), founded by Osman I’s Turkic tribe in Anatolia, grew from a small beylik into a 5.2 million square kilometer empire under Suleiman the Magnificent (1520–1566). Spanning modern Turkey, the Balkans, Middle East, and North Africa, its ~30 million population thrived on agriculture (60–75%), trade/services (20–30%), and manufacturing (5–15%). Urbanization peaked at 15–20%, with Istanbul as a global hub. The devshirme system and slavery (5–15%) fueled military and households, while sarrafs and waqfs managed finances, later overtaken by European banks. Cultural achievements—mosques, poetry, miniatures—flourished alongside caravanserais and aqueducts. Initially pragmatic, the Sunni-majority empire grew conservative, facing decline from the 17th century due to debt, territorial losses, and failure to modernize. World War I alliances with Germany l...

From Rome’s Eternal Splendor to Byzantium’s Final Stand: Economics, Society, Culture, Technology, and Global Connections   The Roman and Byzantine Empires (27 BCE–1453 CE) were vibrant civilizations defined by agriculture (70–80% of the economy), trade/services (15–25%), and manufacturing (5–15%). During the Pax Romana (27 BCE–180 CE), 20–30% of the 50–70 million population were slaves, with urbanization at 10–15%, centered in Rome. Constantine’s era (306–337 CE) introduced the gold solidus, Christian dominance, and Constantinople’s rise, with slaves at 15–25%. The Byzantine Empire peaked under the Macedonians (867–1056 CE), excelling in trade, silk production, and iconic art, but fell to the Ottomans in 1453 due to military, economic, and technological weaknesses. Urban professions evolved from artisans to clergy, while banking shifted from argentarii to churches and Italian merchants. Debt, driven by debasement, tribute, and loans, strained both empires. Cultural achievements...

Trump’s Tariffs: A High-Stakes Rewiring of Global Trade In 2025, Donald Trump’s second term unleashes a bold mix of tariffs and defense spending demands, aiming to reshape global trade and assert U.S. dominance. Tariffs—25% on Canada and Mexico, 10–20% on China and the EU—target the $971 billion trade deficit, aim to reshore manufacturing, and generate revenue, while pressure on NATO allies to hit 5% GDP on defense ties economic leverage to geopolitical goals. Energy, manufacturing, agriculture, and semiconductors see gains, but services exports, especially tech (AI, cloud computing) and financial services, emerge as the real growth engines, projected to grow 7% and 5% annually. The military-industrial complex (MIC) faces mixed prospects due to tariff-driven cost hikes and allies’ push for self-reliance. While tariffs deliver $26.6 billion monthly and spur steel jobs, they risk an 8% GDP drop and recession. We explore the objectives, sector impacts, and global effects, questioning if...