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.

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Recent Commentary

water
Analysis and Commentary

My Small Victory

by David R. Hendersonvia EconLog
Wednesday, June 4, 2014

People in my area of California yesterday voted on Measure O. Here's the exact wording of the measure:

Man opening a car door
Analysis and Commentary

Is the Sharing Economy a Rip-Off?

by David R. Hendersonvia EconLog
Thursday, May 29, 2014

Don't buy Dean Baker's hype.

Markets
Analysis and Commentary

"Rationally Inactive"

by David R. Hendersonvia Library of Economics and Liberty
Tuesday, May 27, 2014

In a problem set for an Energy Economics course I'm teaching this quarter, I asked the following question:

Economics Abstract
Analysis and Commentary

Noah Smith on Modern Economics

by David R. Hendersonvia EconLog
Saturday, May 17, 2014
Retirement
Analysis and Commentary

Great Moments in Federal Government Retirement

by David R. Hendersonvia EconLog
Thursday, May 8, 2014
Social Mobility
Analysis and Commentary

The Great Grandson Also Rises

by David R. Hendersonvia EconLog
Wednesday, May 7, 2014
an image
Blank Section (Placeholder)Analysis and Commentary

The Legacy of Gary Becker (1930–2014)

by David R. Hendersonvia Defining Ideas
Wednesday, May 7, 2014

He used economics to help us understand human behavior.

Analysis and Commentary

Gary S. Becker, RIP

by David R. Henderson with Gary S. Beckervia EconLog
Sunday, May 4, 2014
Analysis and Commentary

Reply to Scott Sumner on 80% Marginal Tax Rates

by David R. Hendersonvia EconLog
Thursday, May 1, 2014
Analysis and Commentary

Applying Hayek's "Local Knowledge" Insight to Foreign Policy

by David R. Hendersonvia EconLog
Tuesday, April 29, 2014

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