Economics - Michael DeVinney

Tradeoffs

An actor can only choose one action with a given amount of time. This is known as opportunity cost. There … Read the rest

Critical thinking is a threat to totalitarianism. This being the case, totalitarians will attempt to destroy thinking all together. … Read the rest

It’s very common to think there is over population. After all, it’s repeated ad nauseum. However, the notion that … Read the rest

All humans must act. Action is always used to remove an uneasiness. Sitting on the couch is still an … Read the rest

Violence is a slow process. Step by step it grows more intense. They’ll never push to the point where they’d … Read the rest

It would be inconvenient to carry around gold if the transaction is too large. It has a high value … Read the rest

It’s flat out absurd that inflation is caused by anybody or anything other than the central bank. Anyone propounding … Read the rest

There’s not much more unpopular than capitalism today. That means, there’s not much more unpopular than the individual. That means, … Read the rest

There is only one economics. This is known as the Austrian school. It’s referred to that because the founders were … Read the rest