Cafe Hayek

"Essentials" On Cars (by Don Boudreaux)

I like this post by Carpe Diem's Mark Perry. Pay special attention to the table (toward the bottom of his post) that he reproduces from USA Today. It presents yet more evidence that ordinary...

"A Clean and Snappy Place!" (by Don Boudreaux)

McDonald's makes the world a cleaner place. So concludes Wharton's Adrian E. Tschoegl in his 2007 paper "McDonald's -- Much Maligned, But an Engine of Economic Development." Here's the relevant...

More Mitchell on Tax Policy (by Don Boudreaux)

Here's the third and final installment of the Cato Institute's Dan Mitchell's superb YouTube videos on the Laffer Curve. (The first two installments can be found here and here.) These are all superb....

Capitalism Day (by Don Boudreaux)

On this Earth Day, I celebrate capitalism -- the institution that, far more than any other, has made human lives clean, safe, dignified, and culturally rich. Capitalism is also responsible for giving...

Benedict and Lou (by Don Boudreaux)

I learn from today's Wall Street Journal that CNN's Lou Dobbs is angry at the Pope for speaking out in favor of immigration during his visit to America. According to the WSJ, Mr. Dobbs fulminated...

Adding to the Prosperity Pool (by Don Boudreaux)

One of my earliest posts at the Cafe -- dated June 28, 2004 -- is on what I call "the prosperity pool." This article in today's Wall Street Journal offers yet another example of the countless ways...

Current-Account Deficit= Capital-Account Surplus (by Don Boudreaux)

I sent this letter this morning to the Wall Street Journal: John Engler rightly defends NAFTA against political-candidates' misrepresentations of this trade agreement ("What Nafta Trade Deficit?"...

Globalization Podcasts (by Don Boudreaux)

In these two Cato Institute Daily Podcasts, I discuss globalization with Cato's Caleb Brown. The first is here; the second is here. Both are quite brief. (...)

The Goal Is Consumption (by Don Boudreaux)

I sent this letter a few days ago to the Washington Post: Emily DeRocco complains that "The April 9 Business article 'Don't Blame NAFTA for Downturn, Many Economists Say' quoted politicians,...

Consumption Is the Goal (by Don Boudreaux)

I sent this letter a few days ago to the Washington Post: Emily DeRocco complains that "The April 9 Business article 'Don't Blame NAFTA for Downturn, Many Economists Say' quoted politicians,...