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2019年4月2日 · The intensity follows a cycle of 224 years in duration which comports to the same time frame that revealed the Economic Confidence Model. The period of 224 years divided by 26 financial waves of panic revealed the frequency of 8.6-years which was a derivative of Pi – 3,145 days. There are events which take place on the half and quarter cycle ...
It has been through the Business Cycle that all advancement and thus economic evolution emerges. Joseph Schumpeter (1883–1950) called these Business Cycle events – Waves of Creative Destruction. Unless oil rises in price to excessively high price levels, alternative fuels will never be developed. There must be a viable economic foundation ...
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2 天前 · The Theory of Non-Linear Intervention. May 28, 2024. Economics is well known for rather unrealistic theories based upon fundamentally unsound principles, such as the assumption that all things remain equal.
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 appears to have originated in Ancient Mesopotamia.
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. It is referred to in almost every history of the subject.
Spread the love. The-New-Yorker-article (PDF) 10 Page Article on Martin Armstrong.
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