David R. Henderson

Research Fellow
Biography: 

David R. Henderson is a research fellow with the Hoover Institution. He is also a professor of economics at the Naval Postgraduate School in Monterey, California.

Henderson's writing focuses on public policy. His specialty is in making economic issues and analyses clear and interesting to general audiences. Two themes emerge from his writing: (1) that the unintended consequences of government regulation and spending are usually worse than the problems they are supposed to solve and (2) that freedom and free markets work to solve people's problems.

David Henderson is the editor of The Concise Encyclopedia of Economics (Warner Books, 2007), a book that communicates to a general audience what and how economists think. The Wall Street Journal commented, "His brainchild is a tribute to the power of the short, declarative sentence." The encyclopedia went through three printings and was translated into Spanish and Portuguese. It is now online at the Library of Economics and Liberty. He coauthored Making Great Decisions in Business and Life (2006). Henderson's book, The Joy of Freedom: An Economist's Odyssey (Financial Times Prentice Hall, 2001), has been translated into Russian. Henderson also writes frequently for the Wall Street Journal and Fortune and, from 1997 to 2000, was a monthly columnist with Red Herring, an information technology magazine. He currently serves as an adviser to LifeSharers, a nonprofit network of organ and tissue donors.

Henderson has been on the faculty of the Naval Postgraduate School since 1984 and a research fellow with Hoover since 1990. He was the John M. Olin Visiting Professor with the Center for the Study of American Business at Washington University in St. Louis in 1994; a senior economist for energy and health policy with the President's Council of Economic Advisers from 1982 to 1984; a visiting professor at the University of Santa Clara from 1980 to 1981; a senior policy analyst with the Cato Institute from 1979 to 1980; and an assistant professor at the University of Rochester's Graduate School of Management from 1975 to 1979.

In 1997, he received the Rear Admiral John Jay Schieffelin Award for excellence in teaching from the Naval Postgraduate School. In 1984, he won the Mencken Award for best investigative journalism article for his Fortune article "The Myth of MITI."

Henderson has written for the New York Times, Barron's, Fortune, the Los Angeles Times, the Chicago Tribune, Public Interest, the Christian Science Monitor, National Review, the New York Daily News, the Dallas Morning News, and Reason. He has also written scholarly articles for the Journal of Policy Analysis and Management, the Journal of Monetary Economics, Cato Journal, Regulation, Contemporary Policy Issues, and Energy Journal.

Henderson has spoken before a wide variety of audiences, including the American Farm Bureau Federation, the Chicago Council on Foreign Relations, the St. Louis Discussion Club, the Commonwealth Club of California (National Defense and Business Economics Section), the Cato Institute, and the Heritage Foundation. He has also spoken to economists and general audiences at many universities around the country, including Carnegie-Mellon, Brown, the University of California, Berkeley, the University of California, Davis, the University of Rochester, the University of Chicago, Harvard University's John F. Kennedy School, and the Hoover Institution. He has given papers at annual conferences held by the American Economics Association, the Western Economics Association, and the Association of Public Policy and Management. He has testified before the House Ways and Means Committee, the Senate Armed Services Committee, and the Senate Committee on Labor and Human Resources. He has also appeared on the O'Reilly Factor (Fox News), C-SPAN, CNN, the Newshour with Jim Lehrer, CNBC Squawk Box, MSNBC, BBC, CBC, the Fox News Channel, RT, and regional talk shows.

Born and raised in Canada, Henderson earned his bachelor of science degree in mathematics from the University of Winnipeg in 1970 and his Ph.D. in economics from the University of California, Los Angeles, in 1976.

Filter By:

Topic

Type

Recent Commentary

Analysis and Commentary

Russ Roberts on Hayek

by David R. Henderson with Russell Robertsvia EconLog
Monday, June 28, 2010

Russ Roberts has a nice op/ed on Hayek's main ideas in today's Wall Street Journal. He highlights four contributions of Hayek...

Analysis and Commentary

Bartlett's Final Chapter

by David R. Hendersonvia EconLog
Thursday, June 24, 2010

His main point in the chapter seems to be that because of huge spending commitments in the future, "we" will need to raise taxes substantially as a % of GDP...

Analysis and Commentary

More on Supply-Side Economics

by David R. Hendersonvia EconLog
Tuesday, June 22, 2010

What I meant was that tax revenues were lower than otherwise, that is, lower than they would have been...

Analysis and Commentary

Bruce Bartlett on Debt Default

by David R. Hendersonvia EconLog
Thursday, June 17, 2010

On the prospect of U.S. government default on its debt, Bruce Bartlett writes, after mentioning John Tamny...

Analysis and Commentary

Social Security and Kids

by David R. Hendersonvia EconLog
Friday, June 4, 2010

[I]f one's goal is to reduce distribution, why not take the next logical step: make Social Security non-distributive. How would you do that? End it...

Analysis and Commentary

M3 Plummeting

by David R. Hendersonvia EconLog
Tuesday, June 1, 2010

The stock of money fell from $14.2 trillion to $13.9 trillion in the three months to April, amounting to an annual rate of contraction of 9.6pc. This is from Ambrose Evans-Pritchard in the Telegraph, a British publication...

Analysis and Commentary

The Actual Civil Rights Act

by David R. Hendersonvia EconLog
Wednesday, May 26, 2010

Over at Marginal Revolution, Alex Tabarrok points out that much of the discussion of the Civil Rights Act is so 20th century...

Analysis and Commentary

Sumner on World Economic Growth

by David R. Hendersonvia EconLog
Sunday, May 23, 2010

This morning, Scott Sumner has an excellent post on economic growth and the extent to which it is due to what he calls "neoliberal" reforms...

Analysis and Commentary

Bartlett on Supply-Side Economics, Continued

by David R. Hendersonvia EconLog
Friday, May 21, 2010

Three days ago I posted on part of Bruce Bartlett's excellent chapter, "The Rise and Fall of Supply-Side Economics," in his book, The New American Economy. I promised to get to the fall part...

Analysis and Commentary

Milton Friedman on Racial Discrimination

by David R. Hendersonvia EconLog
Friday, May 21, 2010

Kentucky candidate for U.S. Senate Rand Paul has made waves lately by saying that he would not have supported the part of the 1964 Civil Rights Act that violates private persons' freedom of association...

Pages