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Michael DeVinney

Monster Slayer

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Category: The Size of the Social Unit

The Size of the Social Unit: Why Small States Can’t Afford Big Illusions

The Size of the Social Unit: Why Small States Can’t Afford Big Illusions

Small states don’t have the luxury of restricting trade.  A country with a vast domestic market can afford economic … Read the rest

Author Michael DeVinneyPosted on February 5, 2025March 18, 2025Categories The Size of the Social Unit1 Comment on The Size of the Social Unit: Why Small States Can’t Afford Big Illusions

The Size of the Social Unit: The Tyranny of the Majority

The Size of the Social Unit: The Tyranny of the Majority

The praise for democracy is based on a profound misunderstanding, deepened by relentless propaganda.  A so-called “victory” for democracy is … Read the rest

Author Michael DeVinneyPosted on October 5, 2024October 5, 2024Categories The Size of the Social Unit

The Size of the Social Unit: Demented Masses

The Size of the Social Unit: Demented Masses

There is a catastrophic lack of understanding regarding democracy.  This lack of understanding is aggravated by endless propaganda.  A “win” … Read the rest

Author Michael DeVinneyPosted on October 24, 2022April 16, 2024Categories The Size of the Social UnitTags capitalism, democracy, economics, education, fascism, logic, psychology, socialism, Statism1 Comment on The Size of the Social Unit: Demented Masses

The Size of the Social Unit: Collective Envy

The Size of the Social Unit: Collective Envy

The saying goes: misery loves company.  Under a large state, it’s more appropriate to say: envy loves company.  Regardless … Read the rest

Author Michael DeVinneyPosted on September 4, 2022April 7, 2023Categories The Size of the Social UnitTags capitalism, economics, education, fascism, logic, small states, socialism, Statism1 Comment on The Size of the Social Unit: Collective Envy

The Size of the Social Unit: Money

The Size of the Social Unit: Money

Commodities are impossible to print.  Inflating the money supply is much more difficult.  A large state can institute paper as … Read the rest

Author Michael DeVinneyPosted on March 5, 2022August 21, 2023Categories The Size of the Social UnitTags capitalism, economics, education, fascism, inflation, logic, money, small states, socialism, Statism1 Comment on The Size of the Social Unit: Money

The Size of the Social Unit: Centralization

The Size of the Social Unit: Centralization

A state is an entity that has a territorial monopoly of exploitation.  This takes the form of: legal institutions, … Read the rest

Author Michael DeVinneyPosted on February 7, 2022July 20, 2023Categories The Size of the Social UnitTags capitalism, economics, education, fascism, inflation, logic, small states, socialism, Statism

The Size of the Social Unit: Free Trade

The Size of the Social Unit: Free Trade

Free trade is beneficial for the masses.  Restricted trade does benefit a few at the expense of the many.  … Read the rest

Author Michael DeVinneyPosted on November 28, 2021May 11, 2023Categories The Size of the Social UnitTags capitalism, economics, education, fascism, logic, small states, socialism, Statism, trade1 Comment on The Size of the Social Unit: Free Trade

The Size of the Social Unit: Statism II

The Size of the Social Unit: Statism II

Wealth can only be brought into existence by an individual perceiving something as scarce that may satisfy unknown demands.  The … Read the rest

Author Michael DeVinneyPosted on October 30, 2021July 13, 2023Categories The Size of the Social UnitTags capitalism, economics, education, fascism, logic, small states, socialism, Statism2 Comments on The Size of the Social Unit: Statism II

The Size of the Social Unit: Voting with Your Feet

The Size of the Social Unit: Voting with Your Feet

An organic society will consist of many societies.  In a large area, statism is only implemented by force.  I … Read the rest

Author Michael DeVinneyPosted on August 10, 2021September 29, 2022Categories The Size of the Social UnitTags capitalism, economics, fascism, inflation, logic, small states, socialism, Statism

The Size of the Social Unit: Time Preference

The Size of the Social Unit: Time Preference

An actor prefers goods sooner than later.  Every action requires some amount of time to achieve any goal.  Time is … Read the rest

Author Michael DeVinneyPosted on July 24, 2021April 7, 2023Categories The Size of the Social UnitTags capitalism, economics, fascism, logic, small states, socialism, Statism1 Comment on The Size of the Social Unit: Time Preference

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Be Prepared for the Modern Inquisition

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  • The Political Business Cycle 50 Years Later May 10, 2025
    William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the economy to correspond with election cycles, a practice that continues to this day.
    Dale Steinreich
  • Why Elon Musk Is Right: The Case Against Subsidizing Amtrak May 10, 2025
    Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want us to believe. The truth is that the case for defunding Amtrak has never been stronger.
    J.D. Wong
  • The Gold-Silver Ratio May 10, 2025
    Mark Thornton digs into the gold-silver ratio—its wild swings, its history, and what it might mean for investors and the world at large.
    Mark Thornton
  • About
  • Articles
    • Business Cycle
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    • The Size of the Social Unit
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