David Hebert

Senior Research Fellow

Dave Hebert, Ph.D, is a senior research fellow at AIER. He was formerly a professor at Aquinas College, Troy University, and Ferris State University. He has also been a fellow with the U.S. Senate Committee on the Budget and has worked for the U.S. Joint Economic Committee. Dr. Hebert’s research has been published in academic journals such as Public Choice, Constitutional Political Economy, and The Journal of Public Finance and Public Choice and popular outlets such as The Wall Street Journal, Investor’s Business Daily, RealClearPolicy, RealClearMarkets, The Hill, and The Daily Caller. He also serves as an Associate Director of The Entangled Political Economy Research Network and is the Managing Editor of The Journal of Markets & Morality.

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Articles

9/27/24

Resource Allocation: Why You Can’t ‘Just Ignore the Economists’

“Rather than paying with money, those in search of scarce goods people will pay with their time and effort.” ~David Hebert
8/8/24

Minimum Wages Wreak Labor Havoc

“They arrogantly believe that this time will be different; that their version of a minimum wage will work where every other has failed. Unfortunately, this is what every previous lawmaker believed, too.” ~David Hebert
7/19/24

Want to Pay More Tax? You Can

“Congress has also budgeted for $1.7 trillion of deficit spending for the current fiscal year; over 26,000 times as much money as has been donated to the Gifts to Reduce the Public Debt account over the past 29 years combined.” ~David Hebert
7/19/24

Want to Pay More Tax? You Can

“Congress has also budgeted for $1.7 trillion of deficit spending for the current fiscal year; over 26,000 times as much money as has been donated to the Gifts to Reduce the Public Debt account over the past 29 years combined.” ~David Hebert
6/28/24

Trump, Tariffs, and Income Taxes

“Perhaps Trump’s goal is simply to eliminate the federal income tax. If so, then he should advocate for doing that and only that. Eliminating the income tax would, in fact, make Americans richer in after-tax dollars.” ~David Hebert
6/10/24

Trade Deficits: Accounting Masquerading as Economics

“Reducing ‘imports’ would not, in fact, increase GDP at all. At best, doing so would leave GDP unchanged since we would be adding less to consumption, investment, and government spending while subtracting equally less from imports.” ~David Hebert
12/1/22

Taxes, Spending, and Powerball Winnings

“A system that rewards our elected officials for spending today, without regard to the future costs, inevitably leads to one conclusion: ever-growing public debt. The current debt crisis is no mystery.” ~ David Hebert
7/24/21

When the President Does It, It’s Not Illegal

“Governments can find ways to serve their constituents (i.e. the taxpayers) better for the price they charge, they can lower their prices, or they can collude with others in the industry to keep prices high and quality low. Unlike businesses, however, when governments choose the third option, they are celebrated as heroes.” ~ David Hebert
4/14/21

No, Economists Do Not Assume Perfect Knowledge

“The perfect knowledge assumption humbles economists. Gone is the notion that we economists are the enlightened philosopher kings of the social sciences and that the rest of the naves need only listen to our sagely wisdom. Instead, we are, as Boettke, Coyne, and Leeson argue, students of society, not saviors of society. Our job is…

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