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Real-World Economics | In-Person

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Course Description:

Nov. 14 – Making Great Decisions in Business and Life

In this talk, based on David R. Henderson and Charles L. Hooper's book, "Making Great Decisions in Business and Life," Dr. Henderson discusses some of the tools needed to make good decisions. The tools are taken from three areas: economics, decision science and common sense, the last of which is not common.

In each case, an example or two is given of a good decision and the tool that was used, or of a bad decision and the tool that was ignored. All of the examples are real-world scenarios that the authors observed up close or that they researched. Some of them are inspiring, some hilarious, and some just leave you shaking your head.

Nov. 21 – How Economists Helped End the Draft

We don't necessarily think of economists as being activists against oppressive government programs. That's because they typically weren't.

But there was a time in history when a few dozen American economists quite actively worked against the military draft. And they succeeded. On January 27, 1973, conscription of men into the U.S. military ended and, five months later, the law that had authorized conscription expired. How the economists helped end the draft–the actions they took and the arguments they made–is an exciting story. And it's one that Dr. Henderson can't wait to tell.


Tuition: $30.00

Additional Fees: $0.00

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Mondays, Nov. 14, 21 *1:00 – 2:30pm* (2 sessions)


Course will be presented live at CSUMB Ryan Ranch (8 Upper Ragsdale Road, Monterey) and will NOT be recorded or available for viewing later. To keep everyone safe, seats are limited.


David R. Henderson, Ph.D., is Emeritus Professor of Economics at the Naval Postgraduate School in Monterey and a research fellow with the Hoover Institution at Stanford University. Dr. Henderson has written articles for the "Wall Street Journal" and the "New York Times" among others, and has appeared on "CNN", "PBS", "The O'Reilly Factor", "MSNBC", "NPR", and the "BBC".