Archive for William H. Peterson
Free Trade: Key to Peace and Prosperity
Contributing editor William Peterson (whpeterson@ aol.com) is an adjunct scholar with the Heritage Foundation.
At a time of international tension and a so-so economy, we are fortunate that the Federal Reserve Bank of Dallas has issued its essay (online or in hard copy) “The Fruits of Free Trade.”
It comes from the Dallas Fed’s 2002 annual report, [...]
Leviathan: America’s Secret Challenge
How helpful of physicist S. Fred Singer, head of the Washington area-based Science and Environmental Policy Project, to restore the idea of “hormesis.” Hormesis is the principle that things beneficial to life in low doses can be fatal in high doses.
Singer mentions such things as alcohol, sunshine, iodine, sodium, iron, copper, cholesterol, [...]
In Defense of Scalping
I submit that it’s not disingenuous for the Broadway producers of The Producers to say they’re trying to "strike a blow at the heart of the scalping operation" by setting aside at least 50 seats for each performance and charging a cool $480 a ticket.
That price is almost five times the $100 charged for [...]
Book Review ~ Its Getting Better All the Time: 100 Greatest Trends in the Last 100 Years by Stephen Moore and Julian L. Simon
Cato Institute • 2000 • 312 pages • $14.95 paperback
Reviewed by William H. Peterson
It’s not for nothing that economics is tagged “the dismal science.” Part of that reputation traces to its realistic no-pie-in-the-sky nature, but another part goes to the ongoing influence of thinkers like Thomas Malthus, who saw population outracing food output; Karl [...]
Book Review ~ The Ten Things You Cant Say in America by Larry Elder
St. Martin’s Press · 2000 · 367 pages · $23.95 cloth; $14.95 paperback
Reviewed by William H. Peterson
There is hope yet for America. Larry Elder is a host of a successful talk show on KABC Radio in Los Angeles and a nationally syndicated columnist who wins the imprimatur of a major book publisher to [...]
Book Review ~ U.S. by the Numbers: Figuring Whats Left, Right, and Wrong with America State by State by Raymond J. Keating and Thomas N. Edmonds
Capital Books • 2000 • 960 pages • $35.00
An Entrepreneurial Revolution. This is the watchword-guidepost here of Mr. Keating, chief economist of the Washington D.C.-based Small Business Survival Committee, and Mr. Edmonds, a political media consultant and coauthor with Mr. Keating of their successful 1995 book, D.C. by the Numbers: A State of Failure. [...]
May Day: Classlessness and Mr. Marx
Contributing editor William Peterson is an adjunct scholar with the Heritage Foundation.
May Day is a signal to radical labor groups and parties the world over to take to the streets, make fiery speeches, parade, protest, demonstrate, and carry an increasingly common if bizarre placard, “Capitalism Kills.” So the holiday, set by the Second Socialist [...]
Book Review ~ A Cure Worse Than The Disease: Fighting Discrimination Through Government Control by M. Lester OShea
Hallberg Publishing • 1999 • 279 pages • $24.95
“America’s constant curse.”
So the British weekly The Economist brands racism long after the appearance of “affirmative action,” the official policy unleashed by the Civil Rights Act of 1964 and designed to “correct” historical injustices by instituting preferences for members of certain “protected classes.” This law [...]
Book Review ~ A Cure Worse Than The Disease: Fighting Discrimination Through Government Control by M. Lester OShea
Hallberg Publishing • 1999 • 279 pages • $24.95
“America’s constant curse.”
So the British weekly The Economist brands racism long after the appearance of “affirmative action,” the official policy unleashed by the Civil Rights Act of 1964 and designed to “correct” historical injustices by instituting preferences for members of certain “protected classes.” This law [...]
Book Review ~ Our Founders Knew This Well by Walter E. Williams
Hoover Press • 1999 • 278 pages • $18.95 paperback
Statist “liberals,” take cover. Your sacred cows are fair game in this hard-hitting work by a witty, insightful, and even radical hunter of wrongheaded conventional wisdom somehow mesmerizing the mainline media, clergy, Congress, academe, and other purveyors of mulish political correctness.
Did I [...]
The Golden Rule and the Free Market
William Peterson is a Heritage Foundation adjunct scholar and Distinguished Lundy Professor Emeritus at Campbell University, Buies Creek, North Carolina.
How tantalizing to find that virtually all the world’s major religions exalt the Golden Rule in one way or another:
Christianity:
All things whatsoever ye would that men should do to you, do ye even so to [...]
Limited Government, Individual Liberty and the Rule of Law: Selected Works of Arthur Asher Shenfield edited by Norman Barry
Edward Elgar Publishing • 1998 • 378 pages • $100.00
How well I remember Arthur Shenfield (1909-1990), an unforgettable man learned in law and economics and a keen student of a free society. We used to debate privately about who was the greater economist, Mises or Hayek. I chose Mises, he Hayek. I had the good [...]
Book Review ~ Principles for a Free Society: Reconciling Individual Liberty with the Common Good by Richard A. Epstein
Perseus Books • 1998 • 372 pages • $30.00
Law and economics were once openly tied, as witness the title of John Stuart Mill’s 1848 work, Principles of Political Economy. Or consider that Ludwig von Mises and F. A. Hayek both held doctorates from the University of Vienna not in economics but in jurisprudence.
[...]
Book Review ~ American Abundance: The New Economic and Moral Prosperity by Lawrence A. Kudlow
Forbes-American Heritage • 1997 • 212 pages • $22.95
William Peterson, a Heritage Foundation adjunct scholar, is the Distinguished Lundy Professor Emeritus of Business Philosophy at Campbell University in North Carolina.
Over the last 15 years, the U.S. economy has experienced a 3 percent real average rate of growth in gross domestic product [...]
Politics By Principle, Not Interest: Towards Nondiscriminatory Democracy by James M. Buchanan and Roger D. Congleton
Cambridge University Press • 1998 • 191 pages • $49.95
William Peterson, a Heritage Foundation adjunct scholar, is Distinguished Lundy Professor Emeritus of Business Philosophy at Campbell University in North Carolina.
Said Plato: “Morality determines politics.” Which raises a question 2,500 years later for Nobel laureate James Buchanan and fellow economist Roger Congleton: Does politics determine morality?
Their [...]
Book Review ~ 1998 Index of Economic Freedom by Bryan I Johnson, Kim R. Holmes, and Melanie Kirkpatrick
Heritage Foundation-Wall Street Journal • 1997 • 376 pages (oversized) • $24.95 paperback
William Peterson, an adjunct scholar with the Heritage Foundation, is the Lundy Professor Emeritus of Business Philosophy at Campbell University in North Carolina.
In 1989-1991 the walls of Eurocommunism came tumbling down, including the most dramatic one of all, the [...]
Book Review ~ The Mainspring of Human Progress by Henry Grady Weaver
Foundation for Economic Education • 1997 • 271 pages • $12.95 paperback
William Peterson, an adjunct scholar at the Heritage Foundation, is the Distinguished Lundy Professor Emeritus of business philosophy at Campbell University in North Carolina.
“There can be no progress except through the more effective use of our individual energies.” [...]




