Skip to content

Michael DeVinney

Monster Slayer

  • About
  • Articles
    • Business Cycle
    • Economic Calculation
    • Economics
    • Egalitarianism
    • Ideology
    • Inflation
    • Law
    • Logic
    • Method
    • Money
    • New Idol
    • Poetic
    • Population
    • Psychology
    • Statism
    • Subjective Value
    • The Size of the Social Unit
  • Architecture
  • Quotes
    • Aphorisms
  • Contact

Category: Economic Calculation

Mises on Calculation, Not Just Knowledge

Mises on Calculation, Not Just Knowledge

The debate over socialist calculation has been twisted beyond recognition.  The narrative is that Mises dealt with property, while Hayek … Read the rest

Author Michael DeVinneyPosted on August 24, 2025August 24, 2025Categories Economic Calculation, Economics1 Comment on Mises on Calculation, Not Just Knowledge

Calculation or Collapse

Calculation or Collapse

Markets don’t function without prices.  Without prices, production collapses into chaos.  Prices convey the preferences, demands, and scarcities of society—without … Read the rest

Author Michael DeVinneyPosted on July 2, 2025July 2, 2025Categories Economics, Economic Calculation, Statism1 Comment on Calculation or Collapse

The Fiction of Collective Ownership

The Fiction of Collective Ownership

Property is claimed by “society.” A term with no hands, no voice, no will.  A ghost can’t own.  The individual … Read the rest

Author Michael DeVinneyPosted on May 26, 2025May 26, 2025Categories Economics, Economic Calculation, Ideology, Law, Statism1 Comment on The Fiction of Collective Ownership

Why Statism Is Doomed to Fail

Why Statism Is Doomed to Fail

Statism—encompassing both socialism and fascism—can’t work because it fundamentally lacks the ability to calculate.  Socialism, defined as the government owning … Read the rest

Author Michael DeVinneyPosted on December 7, 2024March 29, 2025Categories Economic Calculation, Economics, Statism1 Comment on Why Statism Is Doomed to Fail

From Production to Consumption

From Production to Consumption

There are different forms of goods in our economy, but for the purpose of this article, we’ll focus on consumer … Read the rest

Author Michael DeVinneyPosted on October 19, 2024October 19, 2024Categories Economics, Economic Calculation, Statism1 Comment on From Production to Consumption

The Truth about Money

The Truth about Money

Money is necessary to determine the difference between inputs and outputs.  Paper money makes that more and more difficult to … Read the rest

Author Michael DeVinneyPosted on July 4, 2024July 4, 2024Categories Economic Calculation, Economics, Money, StatismTags capitalism, economics, education, fascism, inflation, logic, money, socialism, Statism1 Comment on The Truth about Money

Barter with a Medium

Barter with a Medium

Modern day exchange is barter done with a medium.  This is called a money.  When you buy something, you are … Read the rest

Author Michael DeVinneyPosted on October 12, 2022October 12, 2022Categories Economic Calculation, Economics, Inflation, Statism, Subjective ValueTags barter, capitalism, economics, education, fascism, logic, money, socialism, Statism1 Comment on Barter with a Medium

The New Idol Directing Production

The New Idol Directing Production

The means of production are owned by “society.”  Society owning property is impossible.  The new idol has to direct production.  … Read the rest

Author Michael DeVinneyPosted on September 8, 2022September 26, 2022Categories Economic Calculation, Economics, New Idol, StatismTags capitalism, economics, education, fascism, logic, psychology, socialism, Statism1 Comment on The New Idol Directing Production

The Fundamental Reason Why Socialism is Impossible

The Fundamental Reason Why Socialism is Impossible

It’s impossible for socialism to work because it can’t calculate.  Socialism is the government owning all property.  There aren’t various … Read the rest

Author Michael DeVinneyPosted on May 24, 2022October 5, 2022Categories Economic Calculation, Economics, Ideology, StatismTags capitalism, economics, education, fascism, inflation, logic, money, socialism, Statism1 Comment on The Fundamental Reason Why Socialism is Impossible

Calculation in Statism

Calculation in Statism

We calculate to arrange action.  No man can determine what is to be produced or how much without calculation.  It … Read the rest

Author Michael DeVinneyPosted on January 26, 2022July 14, 2023Categories Economic Calculation, StatismTags capitalism, economics, education, fascism, logic, socialism, Statism1 Comment on Calculation in Statism

Posts pagination

Page 1 Page 2 Next page

Be Prepared for the Modern Inquisition

RSS Mises.org

  • Is Bari Weiss at CBS a New Direction or a Misdirection? October 8, 2025
    Bari Weiss’s appointment to head CBS News has brought cries of anguish from the usual suspects on the left and approval from some on the right. But will she really bring the kind of change that will challenge the political establishment? Probably not.
    Connor O'Keeffe
  • Lab Grown Meat Must Not Be Banned by a Greedy Agricultural Lobby October 8, 2025
    Creation of lab grown meat does not entail the prohibition of other meats, rather an opportunity for market competition and more options for willing consumers.
    Charles Amos
  • Mises on Separating Morality and State October 7, 2025
    The recent assassination of Charlie Kirk has focused attention on political violence. Ludwig von Mises, not surprisingly, understood that tying morality to politicized state helps create the climate where political violence is prevalent.
    Vincent Cook
  • About
  • Articles
    • Business Cycle
    • Economic Calculation
    • Economics
    • Egalitarianism
    • Ideology
    • Inflation
    • Law
    • Logic
    • Method
    • Money
    • New Idol
    • Poetic
    • Population
    • Psychology
    • Statism
    • Subjective Value
    • The Size of the Social Unit
  • Architecture
  • Quotes
    • Aphorisms
  • Contact
Michael DeVinney Proudly powered by WordPress

Be Prepared for the Modern Inquisition

 

Subscribe & Share

 

YouTube