Actually one of the most common questions people ask is about the "correct" order of effects. I was doing a workshop on voiceover and vocal recording in New York last week, and we spent a fair amount of time on the "EQ before or after dynamics" question. Sometimes the answer is pretty nuanced, and there's no single "right" answer. So it's good you posted this thread, it might encourage some questions about this topic.
My general rule of thumb (and of course, rules are made to be broken) is dynamics first, EQ second, time-based effects third. But I often switch to EQ first followed by dynamics it I want to use the EQ to "pump" the dynamics. For example with a dance mix I can really boost the bass if it's before dynamics because the dynamics will tame it. But if recording jazz drums, then you probably want the EQ after any dynamics.
The beauty of recording is that there is unlimited creative potential, and very often, the "wrong" technique produces the "right" sound.