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Michael DeVinney

Monster Slayer

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Category: Subjective Value

The Prince and The Pleb

The Prince and The Pleb

Interpersonal comparisons of value are impossible.  The different valuations are very stark between a prince and a pleb.  There … Read the rest

Author Michael DeVinneyPosted on August 25, 2022September 26, 2022Categories Economics, Statism, Subjective ValueTags capitalism, economics, education, fascism, inflation, logic, money, socialism, Statism, value1 Comment on The Prince and The Pleb

Money Stabilization

Money Stabilization

It’s very common to hear price level, basket of goods, and other terms that don’t work well for the value … Read the rest

Author Michael DeVinneyPosted on June 23, 2022October 1, 2022Categories Economics, Inflation, Money, Statism, Subjective ValueTags capitalism, economics, education, fascism, inflation, logic, money, socialism, Statism

Personal and Voluntary

Personal and Voluntary

All values are personal and voluntary.  A third-party can’t decide for you what to value.  Nor can they force their … Read the rest

Author Michael DeVinneyPosted on May 30, 2022September 27, 2022Categories Economics, Statism, Subjective ValueTags capitalism, economics, education, fascism, logic, money, socialism, Statism, value

Purchasing Power of Money

Purchasing Power of Money

Price is the result of the subjective valuations of the exchangers.  One good is being exchanged for another.  The exchangers … Read the rest

Author Michael DeVinneyPosted on February 13, 2022August 2, 2023Categories Economics, Inflation, Money, Statism, Subjective ValueTags capitalism, economics, fascism, inflation, logic, money, Statism3 Comments on Purchasing Power of Money

Money and the Value of Money

Money and the Value of Money

It should be clear, nothing has value in itself, only the naïve would think this.  In other words, value is … Read the rest

Author Michael DeVinneyPosted on August 20, 2021September 29, 2022Categories Economics, Money, Subjective ValueTags capitalism, economics, fascism, inflation, logic, money, socialism, Statism1 Comment on Money and the Value of Money

Subjective Value

Subjective Value

Value judgments express preferences of the acting individual.  Action is aimed at the substitution of one state of affairs for … Read the rest

Author Michael DeVinneyPosted on August 1, 2021September 29, 2022Categories Economics, Money, Subjective ValueTags capitalism, economics, education, fascism, logic, socialism, Statism, value1 Comment on Subjective Value

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Be Prepared for the Modern Inquisition

RSS Mises.org

  • 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
  • Letters to Frank Meyer Reveal Rothbard's Views on Lincoln, Slavery, and Popular Sovereignty October 7, 2025
    “The Civil War was really the watershed,” he wrote Meyer. “Lincoln was America’s first dictator, and almost all the Republican Acts were monstrous.”
    Daniel J. Flynn
  • Hayek for the 21st Century: Essays in Political Economy Audiobook October 7, 2025
    This audiobook showcases Friedrich Hayek’s most influential writings on knowledge, competition, socialism, and monetary order, highlighting why his ideas remain vital in today’s digital and interventionist age.
    Friedrich A. Hayek
  • About
  • Articles
    • Business Cycle
    • Economic Calculation
    • Economics
    • Egalitarianism
    • Ideology
    • Inflation
    • Law
    • Logic
    • Method
    • Money
    • New Idol
    • Poetic
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    • Subjective Value
    • The Size of the Social Unit
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