The Australian June 30, 1989 Why our Interest Rates should Tumble Mr. Martin Armstrong, of Princeton Economics International, offers a surprisingly optimistic outlook on our economy. Richard Gluyas reports Princeton Economics International, founded by Mr. Martin A. Armstrong, now 40, opened for business in 1970. It has offices in New Jersey in the United States, […]

The London Financial News April 21, 1997 View Across the Pond In its Present Form, EMU could Prove to be the EU’s Undoing, Says Martin Armstrong The debate over European Monetary Union has largely been argued both emotionally and technically from a theoretical perspective. Nonetheless, there is a much more serious issue of concern for […]

Copyright Martin Armstrong All Rights Reserved April 25th, 2012 The Rule of Law Justice For You – Justice for Me – Justice For Your Enemies http://youtu.be/yLpXCk4BPOw One of the most critical last straws that accompany the collapse of every empire is the demise of the Rule of Law. The gentle but powerful influence of laws […]

CONSIDERATIONS ON REPRESENTATIVE GOVERNMENT BY JOHN STUART MILL, AUTHOR OF “A SYSTEM OF LOGIC, RATIOCINATIVE AND INDUCTIVE” NEW YORK: HARPER & BROTHERS, PUBLISHERS, FRANKLIN SQUARE 1862. Preface Those who have done me the honor of reading my previous writings will probably receive no strong impression of novelty from the present volume; for the principles are […]

De Amicitia, Scipio’s Dream By Cicero Translated, with an Introduction and Notes By Andrew P. Peabody SYNOPSIS. * * * * * DE AMICITIA 1. Introduction. 2. Reputation of Laelius for wisdom. The curiosity to know how he bore the death of Scipio. 3. His grounds of consolation in his bereavement 4. He expresses his […]

A Continued Era of Deflation or A Premature Expectation of Inflation? © Martin A. Armstrong Economists and analysts argue that double-digit inflation is something of the past – a freak of nature that took place during the Carter years of the mid-70s. On April 19th, 1993, Alan Greenspan (Chairman of the Federal Reserve) made a statement […]

Modern Capitalism Two developments paved the way for the emergence of modern capitalism; both took place in the latter half of the 18th century. The first was the appearance of the physiocrats in France after 1750; and the second was the devastating impact that the id eas of Adam Smith had on the principles and […]

Monetary History of Japan As legend has it, Japan was founded around 660BC by a direct descendent of the Sun Goddess. It is from this basic legend that Japan derives the name of “Land of the Rise Sun.” Japan has a long monetary history which dates back to when coins were first introduced from neighboring Korea […]

The Paper Chase Part II ©Copyright June 1988 The Panic of 1869, which caused gold to rally significantly, was in itself a sign to the government that paper money would not win the affections and confidence of the people just yet – this would take time. The question of what was actually money remained an […]

Part III of IV—A Brief History of World Credit & Interest Rates by Martin A. Armstrong ©Copyright PEI  1690 – 1774 AD The eighteenth century was a period of strong economic and political growth for Britain. Constitutional parliamentary government, which had replaced the monarchy, appeared to foster great national expansion. The currency of Britain remained […]