Donald J. Boudreaux
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Financial
The Deficiency of Popular Accounts of the So-Called “Trade Deficit”
"The classification of outputs bought and sold on international markets according to whether these outputs are tangible is no more…
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Financial
Votes For and Votes Against
"If we think of votes as 'votes for' candidates, then it would make some sense to declare any candidate who…
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Financial
Continuing to Get Straight the Facts About the American Economy
"Despite governments at the local, state, and federal levels all obstructing, in various ways, the process of entrepreneurial wealth creation,…
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Financial
The Myth of American Inequality and Stagnation
"The familiar trope of the rich getting richer, the poor getting poorer, and the middle classes treading water is disproved…
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Financial
An Open Letter to British Prime Minister Rishi Sunak
"We can hope that, should Parliament today agree to a unilateral lowering of Britain’s trade barriers, other governments would today,…
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Financial
Economists’ Meaning of “Consumption”
"Because 'to produce' means 'to increase humans’ opportunities to consume,' Adam Smith is correct: consumption is indeed the sole end…
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Financial
Do Not Tarry In Eliminating Tariffs and Other Protectionist Measures
"Like Adam Smith, I’d prefer that trade be liberalized gradually as opposed to not at all. But perhaps unlike him,…
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Financial
The Amazing Cargo Ship
"Like the trade that’s carried out using cargo ships, all trade – from the simplest to the most complex –…
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Financial
An Economics Pop Quiz
"Here’s a pop quiz. Some questions are conceptual, others ask about particular facts. The correct answers are supplied at the…
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Financial
Choosing to Remain in the Global Market Economy
"People who have actually experienced the ‘security’ that comes from insulation from market forces understand that the price they pay…
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