David Henderson & Francois Melese

David R. Henderson is a research fellow with Stanford University’s Hoover Institution, a senior fellow with the Independent Institute, and the editor of The Concise Encyclopedia of Economics. Francois Melese is an emeritus professor of economics at the Naval Postgraduate School and vice chair of the California Arts and Sciences Institute.

Apr 21, 2026

How Our Daily Drive Offers Valuable Lessons About Markets

An underappreciated marvel of modern life unfolds daily on our roads and highways. Millions of drivers safely navigate complex traffic environments with little supervision. No...

David Henderson & Francois Melese

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