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Donald J. Boudreaux can be reached via e-mail

More choice, less democracy

By Donald J. Boudreaux
Nearly everyone takes offense at being told that his vote will not determine the outcome of an election. But taking offense to this fact is akin to taking offense to gravity or to the multiplication tables: Reality is what it ...

Significant insignificance

By Donald J. Boudreaux
In a nation of 317 million people and in a global economy of billions, each typical action of an individual can be described as “insignificant.” But significant differences separate different kinds of insignificance. Consider your most recent purchase of toothpaste. ...

Politics’ rationally irrational nature

By Donald J. Boudreaux
A political ad that ran on TV in Alabama during the fall of 1982 featured a candidate earnestly promising “More Jobs and Less Crime.” What a courageous statesman! Only the bravest of the brave would promise such outcomes. The candidate never ...

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 ...

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