| Opinion/The Review

Donald J. Boudreaux can be reached via e-mail

Marking two passings

By Donald J. Boudreaux
This month brought the deaths of two people to whom I owe large debts. One was my first economics teacher, Michelle Bailliet, or Michelle Francois as she was known in 1977 when I took her introductory economics course at Nicholls …

Hayek’s Nobel

By Donald J. Boudreaux
Forty years ago, F.A. Hayek was awarded the Nobel Prize in Economic Science. Had this prize (created in 1969) been around 40 years earlier, no one would have been surprised that Hayek received it. In the mid-1930s the young Hayek …

Bad arguments for good policy

By Donald J. Boudreaux
History and sound analysis supply many reasons for those of us who celebrate mass prosperity to support free markets. Yet champions of free markets sometimes offer bad arguments to support their positions. These bad arguments only damage the case for …

Still free to choose in Hong Kong

By Donald J. Boudreaux
HONG KONG Thirty-five years ago, Rose and Milton Friedman traveled to Hong Kong to film some segments of their 10-part PBS series “Free To Choose.” The reason is that Hong Kong had then what it still has today: the world’s …

‘Sustainable’ & superficial

By Donald J. Boudreaux
The pervasive proclamations issued by government officials, college professors, U.N. bureaucrats and Hollywood entertainers in favor of “sustainability” sound nice. But slogans aren’t solutions. Merely declaring support for a good result hardly amounts to a serious analysis of how to …

Unsustainable platitudes

By Donald J. Boudreaux
Platitudes are a poor basis for policy. The reason is that, no matter how melodious they sound, platitudes are practically meaningless. People who utter platitudes often seem to be saying something meaningful when in fact they’re merely stating the obvious. …

An outdated notion about ‘the rich’

By Donald J. Boudreaux
The human mind is impressive relative to the minds of other earthly creatures. Still, the capacity of our minds is more limited than we often realize. Even Socrates could not question everything. The puny size of our mental capacities relative …

A taxing mistake

By Donald J. Boudreaux
Suppose a charismatic new sports pundit shows up with blockbuster findings about a decades-long pattern of wins and losses of all National Football League teams. This pundit complains that fans ignore the big picture — a picture that, according to …

More Piketty problems

By Donald J. Boudreaux
As suggested in my column “Naive & ignoring basic economics”, Thomas Piketty’s blockbuster economics book “Capital in the Twenty-First Century” features little economics. Piketty clearly believes that economic inequalities are rising to unacceptable levels. Also clear is his confidence that …

Naive & ignoring basic economics

By Donald J. Boudreaux
Thomas Piketty’s 2014 volume, “Capital in the Twenty-First Century,” will likely become the most influential economics book since John Maynard Keynes’ 1936 “General Theory of Employment, Interest, and Money.” That’s quite an accomplishment for professor Piketty. But also like Keynes, …


By Donald J. Boudreaux
The American left is in the grips of Pikettymania, a mass exhilaration sparked by the pounding “progressive” beat of a new book by French economist Thomas Piketty. Piketty’s “Capital in the Twenty-First Century” satisfies progressives’ affection for hackneyed oldies — …

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