Economics - Michael DeVinney

The Subjective Nature of Value

Value judgments reveal preferences unique to each individual. Every action is an attempt to replace one state of affairs with … Read the rest

Innovation vs. Stagnation

Critics often argue that capitalism stifles creativity and exploits resources, but this claim doesn’t stand up to scrutiny. In truth, … Read the rest

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

From Control to Collapse

Statism thrives on the illusion of necessity. Its premise is simple: without centralized control, society would descend into chaos. If … Read the rest

From Paradox to Principle

Why does water, essential for life, often cost less than diamonds? The answer lies in a deceptively simple but profound … Read the rest

The Wage Mirage

Propaganda thrives on emotional appeals and vague concepts, and one of its favorite tools is the idea of “fairness.” While … Read the rest

Inflation by Design

The near-universal belief that money must be regulated implies that it can’t exist without state control. This assumption pervades modern … Read the rest

The Hidden Alchemy of Modern Money

Resistance to taxation persists in pockets, yet the quiet acceptance of counterfeiting—a more subtle economic siphon—largely escapes scrutiny. When … Read the rest

The Mirage of Wealth

Wealth isn’t something that can simply be conjured from thin air, yet the illusion persists among central banks that it … Read the rest

A Tale of Property

At the heart of any ideology lies a fundamental question: What role does property play? When simplified, ideologies are differentiated … Read the rest

Tariffs Will Not Make America Great Again January 29, 2025
Making it harder to do business with Americans is not the way to help domestic workers, small businesses, and everyone else in middle America who has been getting ripped off under our current political system.
Connor O'Keeffe
How Austrian Economists Repeatedly Saved Civilization January 29, 2025
When it seemed central Europe would succumb to the terrors of Bolshevism, Ludwig von Mises wrote his classic book, Socialism, convincing fellow Austrians that socialism was destructive. Mises influenced F.A. Hayek, whose The Road to Serfdom had similar effects in the US.
Jorge Besada
The World Is Getting Rid of Birthright Citizenship January 29, 2025
Europe has no countries that offer “birthright citizenship” anymore. The US and Canada are rare exceptions. Most countries that still have it are countries with net out-migration like Mexico.
Ryan McMaken