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Tag: Ancient Rome

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...

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...

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...

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...

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...

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...

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...

Hoarding Gold in Times of Trouble

Perhaps one of the most famous discoveries from Pompeii is known as the Boscoreale Treasure. This discovery came to light in 1895, when the treasure was uncovered...

Ancient Merchant Banking – the House of Lucius Caecilius Jucundus – the Banker of Pompeii

  Merchant Banking is where banks always began throughout history. Trading in the various commodities and engaging in import/export was the path to wealth from...

2015.75 = The Crash in Government

To set the record ABSOLUTELY straight, the “C R A S H” we see on the horizon is by NO MEANS the private sector and the stock market. It seems just...