Capitalism is private ownership. Socialism is government ownership. Fascism is government control. Statism is some combination of socialism and fascism. … Read the rest
Author: Michael DeVinney
Subjective Value
Value judgments express preferences of the acting individual. Action is aimed at the substitution of one state of affairs for … Read the rest
Immoral Choices
Ethics and morals are not the same. Ethics are universal. Morals are not. However, all morals must adhere to ethics. … Read the rest
The Size of the Social Unit: Time Preference
An actor prefers goods sooner than later. Every action requires some amount of time to achieve any goal. Time is … Read the rest
On “Education”
Education is not what you might think it is. Imitation thinking is taught. This isn’t just in school. This continues … Read the rest
Left and Right
Both parties are statist parties. The terms left and right are thrown around too often. Not only are they used … Read the rest
Economic Science
Economics can have definite proof with the correct method. This doesn’t come from charts, mathematical formulas, game theory, etc. … Read the rest
The Size of the Social Unit: Total War
There can be no doubt that modern nation states give rise to total war. The market involves peaceful cooperation, … Read the rest
Word Delusion
All news is fake. Free thinking is not allowed to exist. No information exists beyond the lame ideas issued. … Read the rest
Price Spread
Price spread is the difference between their selling price and the aggregate prices. This translates to the difference between inputs … Read the rest