Wallace Carroll Peterson Sr.

Background

Sr., Wallace Carroll Peterson was born on March 28, 1921 in Omaha. Son of Fred Nels and Grace (Brown) P.

Education

Student, University Omaha, 1939-1940; student, University Missouri, 1940-1942; Bachelor in Economics and European History, U. Nebraska, 1947; Master of Arts in Economics and European History, U. Nebraska, 1948; Doctor of Philosophy in Economics and European History, U. Nebraska, 1953; postgraduate, Handelshochschule, St. Gallen, Switzerland, 1948-1949; postgraduate, University of Minnesota, 1951; postgraduate, London School Economics and Political Science, 1952.

Career

Reporter, Lincoln (Nebraska) Journal, 1946; instructor economics, U. Nebraska, Lincoln, 1951-1954; assistant professor, U. Nebraska, Lincoln, 1954-1957; associate professor, U. Nebraska, Lincoln, 1957-1961; professor, U. Nebraska, Lincoln, since 1962; department chairman economics, U. Nebraska, Lincoln, 1965-1975; George Holmes professor economics, U. Nebraska, Lincoln, 1966-1992; George Holmes professor economics emeritus, since 1992; vice president faculty senate, U. Nebraska, Lincoln, 1972-1973; president faculty senate, U. Nebraska, Lincoln, 1973-1974; Society of Jesus (Jesuit) Hall distinguished visiting professor, U. Nevada, Las Vegas, 1983-1984.

Achievements

• License pilot.

Works

• Other Work

  • Author: The Welfare State in France, 1960, Elements of Economics, 1973, Our Overloaded Economy: Inflation, Unemployment and the Crisis in American Capitalism, 1982, Market Power and the Economy, 1988, Transfer Spending, Taxes and the American Welfare State, 1991, Income, Employment and Economic Growth, 8th edit, 1996, Silent Depression: The Fate of the American Dream, 1994. Co-author: (with F.R. Strobel) The Coming Class War: Power, Conflict and the Consequences of Middle ClassDecline, 1998, The Social Security Primer: What Every Citizen ShouldKnow, 1999.

Membership

Member Nebraska Democratic Center Committee, 1968-1974, vice-chairman, chairman Nebraska Political Accountability and Disclosure Commission, 1977-1980. Chairman Nebraska Council Economics Education, 1976-1977. Captain United States Army Air Force, 1942-1946.

Member American Civil Liberties Union, American Association of University Professors (president Nebraska 1963-1964, national county), Association for Evolutionary Economics (president 1976, Veblen-Commons award 1991), American Economics Association, Midwest Economics Association (president 1968-1969), Missouri Valley Economics Association (pres.1989), Association Social Economics (president 1992, Thomas F. Devine award 1995), Federation American Scientists, Antique Aircraft Association, Aircraft Owners and Pilots Association, Experimental Aircraft Association, National Association R.R. Passengers.

Connections

Married Eunice V. Peterson, August 16, 1944 (deceased November 1985). Children: Wallace Carroll Junior, Shelley Lorraine;m. Bonnie B. Watson, November 11, 1988 (deceased October 1996).

Father:

Fred Nels P.

Mother:

Grace (Brown) P.

Spouse:

Eunice V. Peterson

child:

Wallace Carroll Junior Sr.

child:

Shelley Lorraine;m. Bonnie B. Watson Sr.

child:

November 11 Sr.

child:

1988 Sr. (deceased October 1996)