cost - Michael DeVinney

Opportunity Cost

A firm will spend to produce. This is the firm’s cost. They must spend money, but money costs are different … Read the rest

Explaining the Quirks in the GDP Report May 12, 2025
Bob Murphy digs into the latest GDP numbers, questions Peter St. Onge’s optimistic spin, and shows what the data really says about tariffs, trade, and recession fears.
Robert P. Murphy
Jordan Peterson and the Real “Dark Tetrad” May 12, 2025
Peterson implies the “dark tetrad” is emerging on the non-interventionist right, cloaking their real intentions with conservative rhetoric. Interestingly, however, a historical parallel exists in neoconservatism, whose intellectual roots are deeply rooted in Machiavellianism.
Liam McCollum
Wealth Generation and the Market Economy May 12, 2025
A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream economists believe, does not enhance wealth, but instead destroys it.
Frank Shostak