Gustav Cassels 1866- 1945 Gustav Cassels was a Swedish economist. Professor of Political Economy at the University of Stockholm. His most important contribution to economics was an analysis of interest rates and trade cycles, dealt with in Grundrisselner Elementaren Preislehre (1900) and The Nature and Necessity of Interest (1903). His main work Theory of Social […]

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 […]

Abscissa – the horizontal baseline of a chart, x-axis. Ad Valorem Tax – A tax levied as a fixed percentage of the value of a particular item. Aggregate Demand – Total planned or desired spending in the economy as a whole in a given period. It is determined by the aggregate price level and by influences such as […]

Global Meltdown Do we need to be “rescued from Capitalism?” By Martin A. Armstrong © September 16th, 1998 Princeton Economic Institute There is little doubt that the global economy is experiencing at the very least a short-term meltdown. George Soros’ comments yesterday calling for more intervention and bailouts because emerging market investors need to be […]

The Current Crash of 1998 Is the worst so far this Century By Martin A. Armstrong Princeton Economic Institute © Copyright August 5th, 1998 There are many ways to measure the magnitude of a crash. Some might look at the overall points. This is not a valid statistic since the entire Crash of 1929 was […]

  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 […]

Copyright May 22nd, 2011 Please register for Special Updates and Please send comments and suggestions to ArmstrongEconomic.COM Copyright Martin A. Armstrong All Rights Reserved This Report may be forwarded as you like without charge to individuals or governments around the world. It is provided as a Public Service at this time without cost because of […]

Glossaries – Glossary of Financial & Economic Terminology Glossary of Forecasting Terminology The Economic Confidence Model + Economic Confidence Model Understanding the Economic Confidence Model Business Cycle Historical Turnings Points of Economic Confidence Model 6000 BC-2072 AD Capital Flows Spiral Panic Training Videos + How to Use the Global Market Watch Frequently Asked Questions video […]

Writings 2009 Armstrong Economics: The Dow & The Future (Martin Armstrong, 12/06/09) Armstrong Economics: The Sum of All Fears(Martin Armstrong, 11/26/09) Armstrong Economics: A Forecast for Real Estate(Martin Armstrong, 11/15/09) Armstrong Economics: Capital Flight(Martin Armstrong, 11/11/09) Armstrong Economics: Gold $5000+(Martin Armstrong, 11/07/09) Armstrong Economics: Objective v Subjective Analysis(Martin Armstrong, 11/1/09) Armstrong Economics: Is America on […]

Martin Armstrong was born in New Jersey the son of a lawyer and Lt. Col under General Patton in World War II. Martin was encouraged by his father to get involved in computers during the mid-1960s. He completed engineering both in hardware and software but after being offered positions by a government contractor RCA in […]