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Armstrong Economics 101

NYC Advisor Seeks to End All Homeownership

@reasonmagazine On his first day in office, Mamdani appointed Cea Weaver, a tenant activist and one of his campaign advisers, to lead the city’s Office to...

December’s CPI Report – USA

The Consumer Price Index (CPI) report for December 2025 has been released, and although it may appear uneventful on the surface, it confirms the broader trend....

19 US States Raise Minimum Wage

The minimum wage increased significantly in 19 U.S. states on New Year’s Day. Minimum wages are often portrayed in the mainstream press as a straightforward way...

Coverting ECM Dates

People frequently ask how to convert an Economic Confidence Model turning point into a specific calendar date. The ECM is based on time, not opinion, and time must...

Space Time – The Chicken or the Egg?

QUESTION: Dear Mr.Armstrong, Do you think of cycles and time as the same thing and interchangeable? Is it time that defines the architecture of a cycle or a cycle...

Happy New Year

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A Top Concern Among Readers in 2025

People are losing confidence in institutions precisely because these actions show how quickly access to one’s own assets can be restricted without due process....

Why is Keynesian Economics Collapsing?

In his 1936 book, ‘The General Theory of Employment, Interest and Money,’ John Maynard Keynes argued that aggregate demand was too volatile to be stable and...

2025: The Year Confidence Shifted

The year 2025 was not defined by a single shock, but by a decisive break in confidence. Governments repositioned, as did central banks, but both have realized they...

Socialism Contradicts Freedom of Religion – Why Amish do not Pay Social Security Taxes

In 1935, Roosevelt introduced “The Social Security Act,” which passed in Congress. However, the act was described as “Old Age, Survivors, and Disability...