Donald J. Boudreaux is a Associate Senior Research Fellow with the American Institute for Economic Research and affiliated with the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University; a Mercatus Center Board Member; and a professor of economics and former economics-department chair at George Mason University. He is the author of the books The Essential Hayek, Globalization, Hypocrites and Half-Wits, and his articles appear in such publications as the Wall Street Journal, New York Times, US News & World Report as well as numerous scholarly journals. He writes a blog called Cafe Hayek and a regular column on economics for the Pittsburgh Tribune-Review. Boudreaux earned a PhD in economics from Auburn University and a law degree from the University of Virginia.
The first book that Nobel-laureate economist James Buchanan wrote is titled Public Principles of Public Debt. Published in 1958, at the zenith of Keynesianism’s ascendancy among economists, this book exposed […]
Among the most important advances in the social sciences of the 20th century is Kenneth Arrow’s Impossibility Theorem. The full explanation of this theorem first appeared in Arrow’s 1951 book, […]
Conservative scholar Oren Cass wants to “redefine the economic orthodoxy that guides the nation’s politics and public policy.” He’s convinced that economists wrongly discount the importance of work while naively […]
This is a lucky day for those of you who have procrastinated until the last minute to finish your Christmas shopping: I offer here a list of seven superb books […]
In the making of trade policy, foreign governments should not be held to ethical standards higher than are the standards to which we hold our own government.
Sit in any time beyond the first month of a typical ECON 101 class and here’s what you’ll be taught: free markets work well, but only under conditions that seldom […]
Why do so many American Progressives, fearing that rich people abuse state power, aim to reduce the riches of rich people, instead of the state power that Progressives admit is […]
Human society is permeated with comparative advantage. When each person specializes in performing that task, or small set of tasks, for which he or she has a comparative advantage — […]
An economic entity’s technical ability to produce some particular product is, by itself, irrelevant for determining if that entity should produce that product itself or, instead, acquire that product by first producing something else and then trading that something else for the product.