Peter J. Boettke is a Distinguished University Professor of Economics at George Mason University, as well as the Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, and BB&T Professor for the Study of Capitalism at the Mercatus Center at George Mason University. As a teacher, Boettke is dedicated to cultivating enthusiasm for the economic way of thinking and the importance of economic ideas in future generations of scholars and citizens. He is the co-author with David Prychitko, of the classic principles of economics texts of Paul Heyne's The Economic Way of Thinking (13th Edition, 2013, Pearson; formerly with Prentice Hall). His efforts in the classroom have earned him a number of distinctions including the Golden Dozen Award for Excellence in Teaching from the College of Arts and Sciences at New York University and the Mason Alumni Association's 2009 Faculty Member of the Year award.

In 2005, Boettke received the Charles Koch Distinguished Alumnus award from the Institute for Humane Studies at George Mason University and the Jack Kennedy Award for Alumni Achievement from Grove City College. Boettke was the 2010 recipient of the Association of Private Enterprise Education’s Adam Smith Award as well as Mason’s College of Humanities and Social Sciences Distinguished Alumnus of the Year Award.