David R. Henderson

Professor of Economics, U.S. Naval Postgraduate School

David R. Henderson is an emeritus professor of economics with the Naval Postgraduate School in Monterey, California, a research fellow with the Hoover Institution, and a senior fellow of the Fraser Institute.

Professor Henderson is a widely respected public policy expert and educator. He is also the editor of The Concise Encyclopedia of Economics, a comprehensive but accessible summary of economics.

Born and raised in Canada, Professor Henderson earned a B.Sc. degree in mathematics from the University of Winnipeg before heading south to complete his Ph.D. in economics at the University of California, Los Angeles.

He is a frequent contributor to The Wall Street Journal and was previously a frequent contributor to Fortune. He has also written scholarly articles for the Journal of Policy Analysis and Management, Journal of Monetary Economics, Cato Journal, Regulation, Contemporary Policy Issues, and Energy Journal.

Professor Henderson served as a senior economist on President Reagan's Council of Economic Advisers from 1982 to 1984, specializing in energy and health policy.

Recent Research by David R. Henderson

— Jun 8, 2022
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Do Budget Deficits Matter?

Low Interest Rates and the Cost of Government Debt and Canada’s Budget and Deficit Cuts in the Late 20th Century: An Amazing Success Story are the latest installments in an essay series on government deficits that emphasize the risks of higher interest costs on government debt, and note the similarities between today’s federal fiscal situation and the mid-1990s when interest costs consumed one of every three dollars of government revenue. At that time, the government enacted major reforms—including spending reductions—to help dramatically reduce the federal debt.

— Jul 15, 2021
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The Essential UCLA School of Economics spotlights the economics department at the University of California, Los Angeles (UCLA), which gained prominence during the last few decades of the 20th century and remains influential today.