“Economics” – What Does the Term Imply?

QUESTION: Dear Mr. Armstrong, I am following your blog while living in the Netherlands and first of all I would like to express my deep admiration for the work you [...]

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When did Trading Begin? Were Free Markets the Key to the Rise of Empires?

QUESTION: Mr. Armstrong; I figured there is nobody more qualified to answer the question of where and when did markets first begin to trade? Did markets have [...]

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