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Michael DeVinney

Monster Slayer

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Category: Economics

Left and Right

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

Author Michael DeVinneyPosted on July 19, 2021September 29, 2022Categories Economics, Ideology, StatismTags capitalism, communism, fascism, left, political, right, socialism1 Comment on Left and Right

Economic Science

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

Author Michael DeVinneyPosted on July 17, 2021September 29, 2022Categories Economics, MethodTags capitalism, economics, fascism, method, socialism, Statism2 Comments on Economic Science

Price Spread

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

Author Michael DeVinneyPosted on July 10, 2021September 29, 2022Categories Economics, Inflation, StatismTags capitalism, economics, inflation, loss, prices, profit3 Comments on Price Spread

Crusoe Economics

Crusoe Economics

Property is essential to justice and economics.  It is impossible to come to a just decision without property.  Likewise, … Read the rest

Author Michael DeVinneyPosted on July 6, 2021September 23, 2022Categories EconomicsTags capitalism, economics, gold, inflation, saving5 Comments on Crusoe Economics

From Delusion to Destruction

From Delusion to Destruction

Statism aims at the substitution of the rational for the irrational.  If calculation were possible, we wouldn’t need overlords to … Read the rest

Author Michael DeVinneyPosted on July 2, 2021March 24, 2023Categories Economics, Economic Calculation, StatismTags destruction, economics, fascism, socialism, Statism8 Comments on From Delusion to Destruction

Method

Method

There are two methods, one of the physical sciences and one of man.  There is not more than one logic… Read the rest

Author Michael DeVinneyPosted on June 25, 2021March 28, 2023Categories Method, EconomicsTags capitalism, economics, method7 Comments on Method

Monopoly

Monopoly

It’s difficult to decide what is the most misunderstood concept of economics.  Almost all of them are misunderstood or misused, … Read the rest

Author Michael DeVinneyPosted on June 22, 2021September 29, 2022Categories Economics, StatismTags capitalism, economics, fascism, monopoly, socialism, Statism3 Comments on Monopoly

Private or Public

Private or Public

A government is a territorial monopolist of taxation and legislation.  The only way they can increase revenue is to increase … Read the rest

Author Michael DeVinneyPosted on June 19, 2021November 17, 2022Categories Economics, StatismTags capitalism, economics, fascism, property, socialism, Statism2 Comments on Private or Public

Recommended Reading

Recommended Reading

This list is mostly economics but does consists of some other subjects. This list should be read in a similar … Read the rest

Author Michael DeVinneyPosted on June 18, 2021July 11, 2022Categories Economics, Psychology, StatismTags books, economics, goodreads, read, reading2 Comments on Recommended Reading

The Market

The Market

The market, non-coercive that is, is the social system of division of labor.  The coercive market is anti-social.  There … Read the rest

Author Michael DeVinneyPosted on June 17, 2021July 11, 2022Categories EconomicsTags capiitalism, economics, fascism, market, socialism, Statism3 Comments on The Market

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Be Prepared for the Modern Inquisition

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  • Did the Fed Achieve Independence During the Korean War? May 29, 2025
    Rumor has it that the Federal Reserve was able to resist the president‘s demands to enable funding of the Korean War. However, a look at the record demonstrates conclusively that the Fed bowed to Harry Truman‘s wishes to do what it has done for a century: finance America‘s wars.
    Jonathan Newman
  • The One Bloated Brobdingnagian Bill May 29, 2025
    President Trump's so-called “One Big, Beautiful Bill” is more of the same: big and bloated. It adds billions to the federal deficit and does nothing to deal with the government‘s ruinous debt. Naturally, the Republicans support it.
    Vincent Cook
  • The Immorality of Keynesian Economics May 29, 2025
    Keynesian “economics” is not just wrong; its precepts are not just based upon fallacies but also on lies. Since Keynes self-described as an “immoralist,” we shouldn‘t be surprised that his economics is immoral, too.
    William L. Anderson
  • 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
  • Quotes
    • Aphorisms
  • Contact
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