The history of economic growth is the history of people making more with less and shifting into new jobs that were unheard of in the previous generat… - David R. Henderson

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The history of economic growth is the history of people making more with less and shifting into new jobs that were unheard of in the previous generation.

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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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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.

It is not always easy to define property rights. What is striking, though, is how often government legislation and court rulings have prevented the common law system from handling pollution problems even when common law seemed to be working well toward resolving them.

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Many people at various points on the political spectrum have claimed that the U.S. thirst for oil is so great that, unless we change our habits (the left emphasizes conservation, and the right emphasizes drilling in the Arctic wildlife refuge and elsewhere), the U.S. government will find itself drawn into wars to maintain access. This thinking shows a fundamental misunderstanding of how energy markets work. There is no good case for going to war over oil.

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