More On Nancy MacLean’s Egregious ‘Scholarship’
In my previous column I shared some of my (many) responses to Nancy MacLean’s appallingly inaccurate Democracy in Chains, a...
Donald J. Boudreaux
Looking Back on the Publication and Reception of Democracy in Chains
Five years ago there appeared the most appalling instance of academic malpractice that I’ve ever personally engaged with. In her...
This Old House Testifies to the Marvels of the Market Economy
There are few television programs that reveal the marvels of modern innovative markets as well as the long-running PBS show,...
Beware the Allure of Simple ‘Solutions’
The attitudes and opinions of today’s so-called “elite” – those public-opinion formers who Deirdre McCloskey calls “the clerisy” – are...
The Value of High Costs
Among the great pleasures of mastering the economic way of thinking is the access one gains to a stream of...
Remarks Delivered at a May 2022 Covid Policy Conference
Jay Bhattacharya invited me to participate in a one-day conference on COVID policy. The conference was held at M.I.T. on...
Reducing Unemployment Is Not a Free Lunch
One of the fundamental lessons of Econ 101 is captured in the acronym TANSTAAFL (pronounced “tan-stah-full”): “There ain’t no such...
Your Argument Implies…
A sure-fire way to test the integrity of any argument for government intervention into the economy is to determine what...
“Let Us Not Mistake Words for Things”
A common error in discussions of public policy is to forget that even straightforward-sounding terms often refer to realities with...
Speaking of Liberal Values
Jay Bhattacharya recently issued a powerful warning against pending legislation in California designed to compel physicians to adhere to the...
On Securing Sources of Supplies: Should Government Repatriate ‘Supply Chains?’
Since early 2020, the global economy has been severely disrupted. COVID itself, COVID lockdowns, protests against COVID lockdowns, and most...
High Wages in Markets Are a Result Of – and a Reflection Of – High Worker Productivity
Among the many recurring myths about free trade is that a country, especially a high-wage country such as the United...
