Donald J. Boudreaux

The Awestruck and the Awws

“No matter how much higher standards of living for nearly everyone in today’s market-oriented economies are, living standards could be even higher. The costs of obtaining, maintaining, and further raising these living standards could be even lower.” ~Donald J. Boudreaux

Kvetching

“Pundits and politicians who describe free trade as an imposition are either hopelessly ignorant of the meaning of free trade, or they are intentionally portraying it in a false light in order to scare people.” ~Donald J. Boudreaux

The Rules of Liberal Civilization Are Really Quite Simple

“First learned in childhood, these rules remain relevant and important throughout our lives. And these rules’ relevance and importance don’t disappear, or even diminish, simply because today’s majority finds it convenient to cast one or more of them aside.” ~Donald J. Boudreaux

Beware of Mistaking Artifacts for Economic Realities

“Recognition that the size, or possibly even the very existence, of any measured US trade deficit depends heavily on the accounting conventions used to record international commercial transactions should be sufficient to calm the fears that arise whenever this accounting artifact shows a deficit.” ~Donald J. Boudreaux