David R. Henderson

David R. Henderson is a Research Fellow at the Independent Institute, an Associate Professor of Economics at the Naval Postgraduate School, and a Research Fellow at the Hoover Institution at Stanford University. He received his Ph.D. in economics from the University of California, Los Angeles.

Latest by David R. Henderson

My Trade Deficit with Safeway

My Trade Deficit with Safeway

My wife and I spend over $400 a month for groceries at our local Safeway. Yet those rascals at Safeway buy nothing from us. We have an annual trade deficit with Safeway of over $5,000. Does this sound absurd? It should. In an economy with millions of vendors to buy from, the idea that I...

By David R. Henderson