Donald J. Boudreaux

Associate Senior Research Fellow

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.

  • Why the Silence in the Face of Covid Tyranny?

    “When one weighs whatever is the quantum of tyranny that might realistically be ascribed to Trump against the quanta of tyranny that infest and fuel Covid lockdowns, mask mandates, school closures, and the Covid hysteria still being stirred up by government officials, the tyranny of the Covidocracy is far, far greater than was the tyranny…

    Why the Silence in the Face of Covid Tyranny?
  • Markets Are More Knowledgeable Than Intellectuals

    “Nothing is easier than for intellectuals to express displeasure with the observed manner in which individuals make trade-offs, and then to assert that this manner of making trade-offs implies a market failure. But assertions are not analyses. When analyzed carefully through the lens of economics, the need for producers to adjust to changes in consumer…

    Markets Are More Knowledgeable Than Intellectuals
  • The Mischief of “Pecuniary Externalities”

    “Perhaps my long discourse on ‘pecuniary externalities’ strikes the reader as ponderous or even pointless. Ponderous it probably is, but pointless it is not. If the above reality were more widely understood, many fewer people would complain about foreigners using their exports as a means of ‘stealing our jobs.'” ~ Donald J. Boudreaux

    The Mischief of “Pecuniary Externalities”
  • Stop the Cartoonish Excuses for Covid Restrictions

    “Pro-lockdown economists faux scientifically chant ‘Reduce externalities!’ Libertarians with a weak commitment to liberty self-righteously claim to be the true upholders of liberty by repeating nonstop ‘We must honor the non-aggression principle!’ But neither these economists nor these libertarians take the time to consider the complex real-world details from which individuals’ rights emerge and in…

    Stop the Cartoonish Excuses for Covid Restrictions
  • Long Past Time to Break Silence on this Tyranny

    “My failure to understand isn’t a sufficient warrant for me to criticize those who remain silent. I will respect their choices. Showing such respect is what Leonard Read would have done. It’s what my ever-wise Friend does and will always do. The liberalism destroyed by hygiene socialism need not have added to it the liberalism…

    Long Past Time to Break Silence on this Tyranny
  • The Story of Vicky

    “Although self-imprisoned, alone and forever, in her apartment with literally not a friend left in the world, Vicky never wavered in knowing that she had her priorities ordered correctly, sensibly, and scientifically.” ~ Donald J. Boudreaux

    The Story of Vicky
  • Why I Believe that Covid Derangement Syndrome Is Real

    “I believe this syndrome to be real and deserving of a name that grabs attention. Such attention-grabbing is warranted, because I further believe that this syndrome poses a dangerous risk to humanity that dwarfs the risk posed by SARS-CoV-2.” ~ Donald J. Boudreaux

    Why I Believe that Covid Derangement Syndrome Is Real
  • Exploring Deeply the Economics of Price Controls

    “Governments are fond of dictating maximum prices and minimum wages. To the economically ignorant, these policies appear humane and worthwhile. But when examined through the lens of economics, these policies are clearly revealed to be harmful to the very persons they are ostensibly meant to help.” ~ Donald J. Boudreaux

    Exploring Deeply the Economics of Price Controls
  • I Can’t Stop Wondering About Covid-19

    “Why on all matters Covid do so many otherwise sensible, appropriately skeptical, and numerate people – people who understand the necessity of trade-offs, the reality of unintended consequences, and the dangers of government power – lose their judgment and remain in the ranks of the hysterical masses who treat Covid as the existential threat that…

    I Can’t Stop Wondering About Covid-19
  • Business Should Fight Back Against Controls

    “The full spirit and many of the practical steps that Manne recommended to business people nearly 50 years ago as rational responses to the unwarranted hysteria over fuel shortages apply today to the unwarranted hysteria over Covid-19. Today, I recommend such resistance, and not only by business people, but by all individuals.” ~ Donald J.…

    Business Should Fight Back Against Controls