trade - Michael DeVinney

Mercantilism of our Time

Mercantilism has come back with a vengeance. Albeit, it’s under the cover of a new name. The overlords might claim … Read the rest

Harmony: The Mercantilist Fallacy

The fallacy destroyed long ago still lives on strong today. Mercantilists believe one man’s gain must be another man’s loss. … Read the rest

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

Business Cycle

Just as important as saying what the business cycle is, saying what it is not. It is not something determined … Read the rest

Seattle’s Other Monorail: Some Lessons for California June 2, 2025
While this page has covered rail boondoggles in California and elsewhere, we also look at Seattle, which looked at building a monorail system, but then later wisely back off, saving the city‘s taxpayers hundreds of millions of dollars of future taxes.
Jane L. Johnson
1995: When I Testified Before the Train Wreck Known as Congress June 2, 2025
Elon Musk has found out the hard way that one can ferret out hundreds of billions of dollars that Congress wastes, but fail in getting its members to stop wasteful spending. Jim Bovard learned that hard lesson 30 years ago.
James Bovard
What Should the Optimum Growth Rate of Money Supply Be? June 2, 2025
The mainstream economic belief is that a growing economy needs a growing money supply to ensure “price stability.” Austrian economists, however, believe that there is no “optimum” money supply, which means government should not engage in monetary expansion.
Frank Shostak