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Michael DeVinney

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Tag: economics

The Limit of Fiat Money

The Limit of Fiat Money

Paper isn’t money, to operate it must come with a decree or fiat.  Mining for gold can be … Read the rest

Author Michael DeVinneyPosted on May 8, 2022October 5, 2022Categories Economics, Inflation, Money, StatismTags capitalism, economics, education, fascism, inflation, logic, money, socialism, Statism1 Comment on The Limit of Fiat Money

Democracy: World State

Democracy: World State

A state has a territorial monopoly over taxation.  All states want to increase their revenue, but there is a limit.  … Read the rest

Author Michael DeVinneyPosted on May 6, 2022May 6, 2022Categories Economics, StatismTags capitalism, democracy, economics, education, fascism, inflation, logic, money, socialism, Statism2 Comments on Democracy: World State

Special Privilege

Special Privilege

People are not treated equally.  Some have special privilege.  Everyone is treated equally under capitalism.  Few have special privilege … Read the rest

Author Michael DeVinneyPosted on May 4, 2022October 20, 2023Categories Statism, Economics, Ideology, New IdolTags capitalism, economics, education, fascism, logic, socialism, Statism1 Comment on Special Privilege

Speech is Private Property

Speech is Private Property

Understanding property can clear up many issues.  It’s common to hear that speech should be controlled because its “malicious” … Read the rest

Author Michael DeVinneyPosted on May 2, 2022October 18, 2023Categories Statism, Economics, MethodTags capitalism, economics, education, fascism, logic, socialism, speech, Statism1 Comment on Speech is Private Property

The Trade Cycle

The Trade Cycle

The role of interest rates allocating resources is critical to the trade cycle.  Booms and busts begin when interest is … Read the rest

Author Michael DeVinneyPosted on April 30, 2022October 10, 2023Categories Business Cycle, Economics, StatismTags capitalism, economics, education, fascism, inflation, logic, money, socialism, Statism1 Comment on The Trade Cycle

Nationalism is Statism

Nationalism is Statism

States around the world adopt various statist measures in disguise.  The concern is whatever the interests may be at … Read the rest

Author Michael DeVinneyPosted on April 28, 2022October 14, 2023Categories Ideology, StatismTags capitalism, economics, education, fascism, logic, nationalism, socialism, Statism

The Great Deception

The Great Deception

Humans can only thrive if they’re free.  The state wants to deceive you into believing that you can be free … Read the rest

Author Michael DeVinneyPosted on April 26, 2022September 16, 2022Categories Economics, Psychology, StatismTags capitalism, economics, education, fascism, inflation, logic, money, psychology, socialism, Statism1 Comment on The Great Deception

Multiple Logics?

Multiple Logics?

The unnoticed error of statism is multiple logics.  The statists posit that the different classes have different logics.  Don’t fall … Read the rest

Author Michael DeVinneyPosted on April 24, 2022October 5, 2022Categories Economics, Ideology, Logic, StatismTags capitalism, economics, education, fascism, logic, socialism, Statism

Ideas from the Lunatic Asylum

Ideas from the Lunatic Asylum

Inflation is absolutely devastating to the economy.  It could be halted by not printing money.  That won’t happen.  Inflation will … Read the rest

Author Michael DeVinneyPosted on April 22, 2022October 9, 2023Categories Statism, Economics, Ideology, Inflation, Logic, MoneyTags capitalism, economics, education, fascism, inflation, logic, money, socialism, Statism2 Comments on Ideas from the Lunatic Asylum

Fiat Money

Fiat Money

The belief is nearly universal that money can’t be free.  This implies that it must be controlled, regulated, manipulated, and … Read the rest

Author Michael DeVinneyPosted on April 20, 2022October 6, 2023Categories Money, Economics, Inflation, StatismTags capitalism, economics, education, fascism, inflation, logic, money, socialism, Statism2 Comments on Fiat Money

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Be Prepared for the Modern Inquisition

RSS Mises.org

  • What the New Right Gets Right—and Wrong—About Free Trade May 25, 2025
    Bob responds to Oren Cass’s appearance on Tucker Carlson, offering a charitable yet firm economic critique of the anti–free trade ideas gaining ground on the political right.
    Robert P. Murphy
  • Is Culture Degeneration Biological or Ideological? May 24, 2025
    Why do cultures degenerate? Robin Hanson cites biological factors, but Mises and the Austrians point directly to purposeful choices.
    Jeffery L. Degner
  • Is Culture Degeneration Biological or Ideological? May 24, 2025
    Why do cultures degenerate? At the recent Natal Conference, Robin Hanson cites biological and evolutionary factors. However, if one looks to Mises and the Austrians, we look squarely at human action that begins with the human mind and purposeful action.
    Jeffery L. Degner
  • About
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    • Business Cycle
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