U.S. Supreme Court Pollock v. Farmers’ Loan & Trust Company, 158 U.S. 601 (1895) Pollock v. Farmers’ Loan & Trust Company (Rehearing) No. 898, 894 Argued May 6, 7, 8, 1895 Decided May 20, 1895 158 U.S. 601 APPEAL FROM THE CIRCUIT COURT OF THE UNITED STATES FOR THE SOUTHERN DISTRICT OF NEW YORK Syllabus […]

U.S. Supreme Court Brushaber v. Union Pacific R. Co., 240 U.S. 1 (1916) Brushaber v. Union Pacific Railroad Company No. 140 Argued October 14, 15, 1915 Decided January 24, 1916 240 U.S. 1 APPEAL FROM THE DISTRICT COURT OF THE UNITED STATES FOR THE SOUTHERN DISTRICT OF NEW YORK Syllabus Under proper averments, a stockholder’s […]

The Economic Consequences of the Peace, by John Maynard Keynes THE ECONOMIC CONSEQUENCES OF THE PEACE   by   JOHN MAYNARD KEYNES, C.B. Fellow of King’s College, Cambridge   New York Harcourt, Brace and Howe 1920   PREFACE The writer of this book was temporarily attached to the British Treasury during the war and was […]

http://www.forbes.com/sites/eliseackerman/2013/01/13/26-year-old-internet-folk-hero-commits-suicide-after-years-of-government-harassment/ The turmoil over MIT & The US Government trying to imprison Swartz for 35 years has gone viral on a global scale. MIT has completely disgraced itself as being any sort of a place for higher education that seeks to imprison anyone with whom they disagree and thinks out of the box. MIT’s long […]

On Liberty – By John Stuart Mill. With an Introduction by W. L. Courtney, LL.D. The Walter Scott Publishing Co., Ltd. London and Felling-on-Tyne New York and Melbourne [Pg v] To the beloved and deplored memory of her who was the inspirer, and in part the author, of all that is best in my writings—the […]

Copyright Martin Armstrong all rights reserved January 12th, 2013 A lot of people who insist upon a return to the gold standard hate my guts. Others claim I have betrayed them because I do not support that view. There is a huge difference between theory and reality and indeed Adam Smith’s Invisible Hand applies meaning […]

The world did not end on December 21st, 2012, and there will also be no HYPERINFLATION. Beware, gold in 2013 See new posting for Gold.  

TAX DEBATE PRINCETON UNIVERSITY JUNE 24, 1997 STEVE FORBES:  I would like to thank Dick for putting on this forum tonight and I would also like to thank all of you for coming out on a very nice weekday evening to hear a lot of hot air from the people on this panel. It reminds […]

Manipulating the World Economy by Martin Armstrong posted November 26th, 2012;Copyright all rights reserved Manipulating the World Economy is what governments and bankers have been desperately trying to do. The entire foundation of the “New Economics” of which Paul Volcker mentions in his Rediscovery of the Business Cycle, was to create a flat line in […]

In trading, the first primary rule is: Do not marry the trade! This is what destroyed Japan. Because of the accounting rules Japanese investors did not have to report a loss until they took it. That rule (not marked to market) led to the Japanese holding losing positions until they cried blood from their eye […]