Showing 4833 Results for gold
Search instead for gold
Showing 4833 Results for gold
Search instead for gold
March 21, 2012
by Adam Smith – 1776 Adam Smith founded the science of political economy when he published An Inquiry into the Nature and Causes of the Wealth of Nations in 1776. So significant were the effects of this book on the modern world that it has been described as one of the most important ever written. […]
March 20, 2012
The History of Financial Panics By Martin A. Armstrong Throughout time, the economy of mankind has swung back and forth between some fantastic periods of prosperity and deep dark depressions. It is our failure to understand this mechanism that often drives the politics of the world also between two extremes of totalitarian regimes and communism […]
March 19, 2012
Monetary History of the World 350-250BC by Martin A. Armstrong The Rise of Alexander the Great The Greek world was now ripe for plunder. On its fringes, two great powers were emerging – that of Rome and Macedonia. Macedonia was the home of Philip II (359-336 BC). It was an area in Greece that occupies […]
March 19, 2012
Monetary History of the World 450-350 BC by Martin A. Armstrong The Battle of Marathon and the Monetary System The Persian invasion of the Greeks in Asia Minor, under which Lydia fell to King Cyrus, marked the beginning of the legendary struggle between the Greeks and the Persians. The Greek cities in Asia Minor finally […]
March 19, 2012
Monetary History of the World 550-450BC by Martin A. Armstrong It is generally assumed that Aigina was the first city to mint coins as this new invention spread westward from Asia Minor. Aigina is an island not far off the cost of Athens between the Peloponnese and Attica. The Aiginetic standard was based on a […]
March 19, 2012
Monetary History of the World 700-550BC By Martin A. Armstrong Only since about 700 B.C. do we find a consistent record of the monetary system of the world. The credit for the creation of an official coinage system belongs to the Ionians or Lydians within the Greek Empire of Asia Minor – modern day Turkey. […]
March 19, 2012
The Origins of Money Chapter III By Martin A. Armstrong The Birth of Coinage The Importance of Weight As trade between regions and nations gradually began to expand, some form of international trade would have been necessary. It is perhaps because of this primary reason that ultimately money among trading nations at least tended to […]
March 19, 2012
The Origins of Money Chapter II By Martin A. Armstrong Money and the Evolution of Banking While prostitution has long been regarded as the first profession and lawyers as close second, the banking profession is clearly the third oldest known to humankind. The invention of banking preceded that of coinage by several thousand years. Banking […]
March 19, 2012
The Origins of Money By Martin A. Armstrong First “Official” Coinage minted in Lydia (Turkey) 700 BC The origin of money extends back in time far beyond the recorded history of civilization. Indeed, the definition of money is much broader in scope than many would typically expect. The oldest surviving written records are in cuneiform […]
March 19, 2012
Copyright Martin A. Armstrong, all right reserved March 18th, 2012 Please register for Special Updates ArmstrongEconomics.COM / Princeton Economic Institute Copyright Martin A. Armstrong All Rights Reserved Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to […]