capitalism - Michael DeVinney

The Law of Marginal Utility

There may not be much more important to economics than marginal utility. Acting man will value things for the removal … Read the rest

The difference between capitalism and statism boils down to the body. Who owns your body? Only you can directly control … Read the rest

The entrepreneur must earn money from the masses every day. He may not be successful every single day, but by … Read the rest

Capitalism is very different from a caste system. Some do earn a lot of money, but there are not distinct … Read the rest

While there is some resistance to taxation. There is little resistance to counterfeiting. More goods don’t come into existence when … Read the rest

There are states where there are herds. A state is defined by two unique schemes. The state has ultimate decision … Read the rest

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

Monetary calculation is the guide of economics. The economy is chaos without it. Calculation makes it possible to determine if … Read the rest

All human action is preceded by thinking. These two are inseparable. Actions are taken by ideas about causal relationships… Read the rest

While a large majority of people, maybe all, are against involuntary servitude in theory. Few are against it in … Read the rest