Society is the outcome of acting individuals cooperating. It’s not the outcome of a few telling others what to do… Read the rest
Author: Michael DeVinney
Crusoe Economics II
Crusoe is approached by Friday. Friday tells Crusoe he gets one fish for every two fish he catches. Crusoe is … Read the rest
Rights in Statism
You don’t have rights in statism. You only have duty to the overlords. You are engaging in mutually beneficial transactions … Read the rest
The Law of Marginal Utility
There may not be much more important to economics than marginal utility. Acting man will value things for the removal … Read the rest
Ownership
The difference between capitalism and statism boils down to the body. Who owns your body? Only you can directly control … Read the rest
The Entrepreneur
The entrepreneur must earn money from the masses every day. He may not be successful every single day, but by … Read the rest
The Modern Caste System
Capitalism is very different from a caste system. Some do earn a lot of money, but there are not distinct … Read the rest
The Desire to Control Money and Why it was Accepted
While there is some resistance to taxation. There is little resistance to counterfeiting. More goods don’t come into existence when … Read the rest
The Emperor’s New Clothes
There are states where there are herds. A state is defined by two unique schemes. The state has ultimate decision … Read the rest
Alchemy of Fear
Many different techniques are used to provoke fear in a group. The techniques are fraudulently concocted to create fear. These … Read the rest