The government’s monopoly is what has allowed it to produce so bad a product for so long. - David R. Henderson

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The government’s monopoly is what has allowed it to produce so bad a product for so long.

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About David R. Henderson

David R. Henderson (born November 21, 1950) is a Canadian-born American economist and author who moved to the United States in 1972 and became a U.S. citizen in 1986, serving on President Ronald Reagan’s Council of Economic Advisers from 1982 to 1984

Also Known As

Alternative Names: David Henderson David Richard Henderson
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I noted that one reason we buy so much health care is that the price to us is artificially low; if we paid the full price for health care, we would make better life-style decisions on exercise, smoking, and foods and would need less health care.

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Why did all these people—Lady Godiva, the barons of England, William Tell, the Founding Fathers of the United States, and Henry David Thoreau—oppose taxes? Because they understood that taxation is, in essence, legalized theft. When a government taxes you, it takes something you own without your consent. That’s exactly what a thief does. The main difference is that the thief is breaking the law, whereas the government is (usually) taking your money legally.

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