value - Michael DeVinney

The Prince and The Pleb

Interpersonal comparisons of value are impossible. The different valuations are very stark between a prince and a pleb. There … Read the rest

Personal and Voluntary

All values are personal and voluntary. A third-party can’t decide for you what to value. Nor can they force their … Read the rest

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

Frédéric Bastiat: Who will Feed Paris? June 3, 2025
Frederic Bastiat understood better than most how free markets and market prices actually promote social harmony. And unlike most, he understood why Paris, which had little agricultural land, had plenty of food for its inhabitants.
Ulrich Fromy
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