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Michael DeVinney

Monster Slayer

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Tag: economics

Natural Elite

Natural Elite

The masses are inundated with propaganda.  This begins at an early age and lasts the rest of your life.  … Read the rest

Author Michael DeVinneyPosted on August 7, 2021February 19, 2023Categories Economics, StatismTags capitalism, economics, education, fascism, logic, small states, socialism, Statism2 Comments on Natural Elite

The Statist Economy

The Statist Economy

Capitalism is private ownership.  Socialism is government ownership.  Fascism is government control.  Statism is some combination of socialism and fascism.  … Read the rest

Author Michael DeVinneyPosted on August 3, 2021September 29, 2022Categories Economics, StatismTags capitalism, economics, fascism, inflation, socialism, Statism3 Comments on The Statist Economy

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

Immoral Choices

Immoral Choices

Ethics and morals are not the same.  Ethics are universal.  Morals are not.  However, all morals must adhere to ethics.  … Read the rest

Author Michael DeVinneyPosted on July 28, 2021September 29, 2022Categories Economics, StatismTags capitalism, economics, education, fascism, logic, 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

Economic Science

Economic Science

Economics can have definite proof with the correct method.  This doesn’t come from charts, mathematical formulas, game theory, etc.  … Read the rest

Author Michael DeVinneyPosted on July 17, 2021September 29, 2022Categories Economics, MethodTags capitalism, economics, fascism, method, socialism, Statism2 Comments on Economic Science

The Size of the Social Unit: Total War

The Size of the Social Unit: Total War

There can be no doubt that modern nation states give rise to total war.  The market involves peaceful cooperation, … Read the rest

Author Michael DeVinneyPosted on July 15, 2021March 17, 2023Categories The Size of the Social UnitTags capitalism, economics, fascism, small states, Statism3 Comments on The Size of the Social Unit: Total War

Price Spread

Price Spread

Price spread is the difference between their selling price and the aggregate prices.  This translates to the difference between inputs … Read the rest

Author Michael DeVinneyPosted on July 10, 2021September 29, 2022Categories Economics, Inflation, StatismTags capitalism, economics, inflation, loss, prices, profit3 Comments on Price Spread

Crusoe Economics

Crusoe Economics

Property is essential to justice and economics.  It is impossible to come to a just decision without property.  Likewise, … Read the rest

Author Michael DeVinneyPosted on July 6, 2021September 23, 2022Categories EconomicsTags capitalism, economics, gold, inflation, saving5 Comments on Crusoe Economics

From Delusion to Destruction

From Delusion to Destruction

Statism aims at the substitution of the rational for the irrational.  If calculation were possible, we wouldn’t need overlords to … Read the rest

Author Michael DeVinneyPosted on July 2, 2021March 24, 2023Categories Economics, Economic Calculation, StatismTags destruction, economics, fascism, socialism, Statism8 Comments on From Delusion to Destruction

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Be Prepared for the Modern Inquisition

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  • 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
  • Price Controls and Drug Shortages in France: A Textbook Case of the Evils of Interventionism May 24, 2025
    France is facing critical shortages of a number of drugs, and one need look no further for a cause than a price control regime.
    Ulrich Fromy
  • 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
  • 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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