Blog/Ancient Economies

Why Are Roman Hoards Found Around 274-300 AD?

QUESTION: Hi Marty, I saw another article about a trove of 4,000 Roman coins found in Switzerland. I read that the earliest date was 274 AD, during the reign of [...]

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Ancient International Tourism

QUESTION: Is it true that tourism existed in ancient times? I was in Italy and the guide said this was an ancient tradition. ANSWER: Augustus (27 BC-14 AD) wiped [...]

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First Sovereign Debt Default in the 4th Century BC

QUESTION: Mr. Armstrong; I read this time its different by Rogoff. While it is interesting about sovereign defaults, he clearly does not go back into ancient times [...]

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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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