Blog/Ancient Economies
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 [...]
Read More
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 [...]
Read More
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 [...]
Read More
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 [...]
Read More
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 [...]
Read More
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 [...]
Read More
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 [...]
Read More
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 [...]
Read More
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 [...]
Read More
The Sixth Wave 2032.95
QUESTION: Mr. Armstrong; Will you be going over the Sixth Wave this year at the WEC? What you just posted about the Maunder Minimum is very interesting to say the [...]
Read More
