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Civil War – 69AD

Civil War 69-69 AD Gaius Julius Vindex descended from the kings of Aquitania. He was the son of a Roman senator who was governor of Gallia Lugdunenis. At the time, he raised the standards of revolt against Nero in March 68AD as a reaction to Nero’s tax policy. Having no Roman troops under his command, […]

The Crash of '98 Continues

The Crash of ’98 Continues By Martin A. Armstrong August 14, 1998 Copyright Princeton Economic Institute While our clients have been amazed that our computer model called for the peak in the stocks markets as July 20th, 1998 more than 4 years ago, some visitors to this site have sent their emails of disapproval. We […]

An Inquiry Into the Nature and Causes of the Wealth of Nations Book 4

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, […]