Economics - Michael DeVinney

Divided We Fall

Capitalism, unlike a caste system, is not based on rigid, distinct social classes. While individuals may amass wealth, this is … Read the rest

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

The Illusion of Progress

Understanding the difference between real growth and quasi-growth is essential for any society that hopes to thrive. Confusing the two … Read the rest

The Fork in the Formula

The undeniable and timeless truth is that all humans act. To fully grasp economics, you must first understand this fundamental … Read the rest

The Hidden Destruction of Wealth

The depreciation of money’s value isn’t caused by gold. It’s driven by fiat currency and the relentless use of the … Read the rest

Economics Economists Don’t Know

There’s an economic crisis going on. Most economists understand the economy as it’s presented in their models, but not what … Read the rest

Time and Demand

Money plays a critical role in the economy, functioning as a medium of exchange and solving what economists call the … Read the rest

The Fallacy of Compromise

The systems that govern our world are built on contradictions and intentional distortions. Even the most intelligent minds can get … Read the rest

The Master of Disaster

Central banking is often touted as a stabilizing force in the economy, but in reality, it’s an intricate mechanism of … Read the rest

Freedom or Intervention?

The free market is the natural state of human interaction. People exchange goods and services voluntarily because it benefits both … Read the rest

Reclaiming Our Sovereignty from State Power May 5, 2025
Have Americans forgotten how to be free? When warfare erupted between American colonists and the British government, the colonists believed that they had God-given rights that protected them against state power. Would that Americans today believed the same thing.
George Ford Smith
The Method Behind Real Economic Thinking May 5, 2025
Jonathan Newman joins Bob Murphy to explore what economics really is, why it matters, and how the revamped Mises Academy is helping teach it the right way.
Robert P. Murphy, Jonathan Newman
The Spanish Blackout Shows Why the Green Dream Is Unsustainable May 5, 2025
Although government officials and true believers in “green energy” are denying it, the collapse of the electric grid in Spain and Portugal proves that reliance on renewables for electric production is doomed to failure. Whether people listen is another story.
Joakim Book