Fall of the Western Roman Empire collapse. Since 1776, when Edward Gibbon published the first volume of his "The History of the Decline and Fall of the Roman Empire", Decline and Fall has been the theme around which much of the history of the Roman Empire has been structured. "From the eighteenth century onward," historian Glen Bowersock wrote, "we have been obsessed with the fall: it has been valued as an archetype for every perceived decline, and, hence, as a symbol for our own fears." The Fall is not the only unifying concept for these events; the period described as Late Antiquity emphasizes the cultural continuities
Historiography of the fall of the Western Roman Empire such as the consulship. The formal end of the Roman Empire on the West in AD 476 thus corresponds with the time in which the Empire and the title Emperor no longer had value. Historian Michael Rostovtzeff and economist Ludwig von Mises both argued that unsound economic policies played a key role in the impoverishment and decay of the Roman Empire. According to them, by the 2nd century AD, the Roman Empire had developed a complex market economy in which trade was relatively free. Tariffs were low and laws controlling the prices of foodstuffs and other commodities had little impact