BOOK FIVE OF THE REVENUE OF THE SOVEREIGN OR COMMONWEALTH CHAPTER I: Of the Expenses of the Sovereign or Commonwealth ——————————————————————————– PART 1 Of the Expense of Defence THE first duty of the sovereign, that of protecting the society from the violence and invasion of other independent societies, can be performed only by means of […]

BOOK FOUR INTRODUCTION ——————————————————————————– OF SYSTEMS OF POLITICAL ECONOMY POLITICAL economy, considered as a branch of the science of a statesman or legislator, proposes two distinct objects: first, to provide a plentiful revenue or subsistence for the people, or more properly to enable them to provide such a revenue or subsistence for themselves; and secondly, […]

BOOK TWO – INTRODUCTION OF THE NATURE, ACCUMULATION, AND EMPLOYMENT OF STOCK ——————————————————————————– IN that rude state of society in which there is no division of labour, in which exchanges are seldom made, and in which every man provides everything for himself, it is not necessary that any stock should be accumulated or stored up […]

BOOK ONE OF THE CAUSES OF IMPROVEMENT IN THE PRODUCTIVE POWERS. OF LABOUR, AND OF THE ORDER ACCORDING TO WHICH ITS. PRODUCE IS NATURALLY DISTRIBUTED AMONG THE DIFFERENT RANKS OF THE PEOPLE. CHAPTER I ——————————————————————————– Of the Division of Labour THE greatest improvement in the productive powers of labour, and the greater part of the […]

The Origins of Money Chapter II By Martin A. Armstrong Money and the Evolution of Banking While prostitution has long been regarded as the first profession and lawyers as close second, the banking profession is clearly the third oldest known to humankind. The invention of banking preceded that of coinage by several thousand years. Banking […]

Copyright May 22nd, 2011 Please register for Special Updates and Please send comments and suggestions to ArmstrongEconomic.COM Copyright Martin A. Armstrong All Rights Reserved This Report may be forwarded as you like without charge to individuals or governments around the world. It is provided as a Public Service at this time without cost because of […]

Roman Coins The response to the offering of Roman Coins was simply overwhelming. So many people have written asking how they can buy Roman Coins and others realizing these are from the 3rd Century have asked are there examples available documenting the collapse of the monetary system? I have contacted some old friends with respect to […]

Writings 2009 Armstrong Economics: The Dow & The Future (Martin Armstrong, 12/06/09) Armstrong Economics: The Sum of All Fears(Martin Armstrong, 11/26/09) Armstrong Economics: A Forecast for Real Estate(Martin Armstrong, 11/15/09) Armstrong Economics: Capital Flight(Martin Armstrong, 11/11/09) Armstrong Economics: Gold $5000+(Martin Armstrong, 11/07/09) Armstrong Economics: Objective v Subjective Analysis(Martin Armstrong, 11/1/09) Armstrong Economics: Is America on […]

Writings 2010                       Armstrong Economics: A Total Eclipse of the Economy and Good Old Fashion Witch Hunt (Martin Armstrong, 12/22/10)   Armstrong Economics: Saving the Day After Tomorrow(Martin Armstrong, 12/07/10)   Armstrong Economics: Saving the Day After Tomorrow(Martin Armstrong, 12/07/10)   Armstrong Economics: Indirect vs […]