Blog/Ancient Economies

Refusal to Publish Research that Shows Anti Man-Made Climate Change

Whenever someone discovers something that contradicts established academia, their findings are suppressed. This is true in economics, earth sciences, and even [...]

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Punic Wars & the Economic Confidence Model

QUESTION:  Mr Armstrong, How does the ECM stack up against The Punic Wars which left the victor, Rome,the Mediterranean superpower and on the road to Empire? Many [...]

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Austerity vs. Hyperinflation: Which Is the Precursor to Revolution?

QUESTION: Mr, Armstrong; I recently read an article claiming to be a case study that it was somehow the French hyperinflation that led to the revolution. It seems [...]

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Taxation & Its Role in the Destruction of Our Economy

QUESTION: Thank you for your fascinating blog. I thoroughly enjoy reading your analysis on social, political, financial and historical topics. i would like to make [...]

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Why Money Need Not Be “Tangible”

COMMENT:  You said: “The wealth of a nation is the total productivity of its people. If I have gold and want you to fix my house, I give you the gold for [...]

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Julius Caesar & the Black Basalt Bust Commissioned by Cleopatra

The black basalt bust of Julius Caesar is more likely than not the one commissioned by Cleopatra herself. We know that Cleopatra had built an elaborate shrine, or [...]

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Money: What Is It? What is Interest? What is the Wealth of a Nation?

Angela Merkel and IMF chief Christine Lagarde can laugh it up as Europe burns down. The whole crisis stems from antiquated ideas that center on what money actually [...]

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Socialism vs. Helping the Poor

Above is a Roman Æ Sestertius (34mm, 22.18 g) of Nerva (AD 96—98), struck at the mint of Rome (97 AD). The reverse reads: “PLEBEI VRBE FRVMENTO [...]

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France Paying Informants to Confiscate Wealth

French customs officials received a tip that lead to the confiscation of a rare painting. The Guardian reported that French customs officers boarded a yacht [...]

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Rome: Another Example of Detroit?

Rome, perhaps the first European capital city to be on the verge of bankruptcy, demonstrates that in economics, nothing is eternal. Governments everywhere are in [...]

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