Wallace C. Peterson

Born 1921-03-28 Omaha, NE (USA)

Died 2012-04-15
Lincoln, NE (USA)

Buried
Lincoln, NE (USA)
Lincoln Memorial Park

Wallace Peterson taught economics at the University of Nebraska for many years. His economics textbooks were widely adopted, and he was internationally known and widely admired for his work on the foundations of economics. His outlook was Keynesian ("Post-Keynesian") and pragmatic. Many of his more specialized books focused on problems of growth, income inequality, unemployment, and the decline of the American middle class. He identified in advance a number of late twentieth century economic trends and institutional changes that seemed to lead the United States toward political discord and economic instability.

Places Lived

Lincoln, NE
Omaha, NE

Author Of

Nonfiction

Keywords

Economics

Education

Bachelor of Arts Degree, 1947, University of Nebraska, Lincoln, NE
Master of Arts Degree, 1948, University of Nebraska, Lincoln, NE
Ph.D., 1953, University of Nebraska, Lincoln, NE

Occupation

Professor of Economics

Places Worked

University of Nebraska, Lincoln, NE

Honors

George Holmes Professorship Champion Media Award for Economic Understanding 1981
University of Nebraska Economics Hall of Fame

Bibliography

Transfer Spending, Taxes, and the American Welfare State. 1991.
Silent Depression: The Fate of the American Dream. 1993.
The Coming Class War and How to Avoid It: Rebuilding the American Middle Class. with Frederick R. Strobel, 1999.
Our Overloaded Economy. 2002.

We appreciate corrections and additions to our information about authors, but please read the following guidelines and caveats carefully.

The Nebraska Authors database is based on publicly available sources. Unless you are the author contacting us in person, it helps us if you cite the source or sources of your information. We cannot include unsourced information in the database.
We may be appreciative of information we choose not to include in the publicly available database.
To include an image on an author profile, please send jpg attachment to nebraskaauthors@lincoln.ne.gov. A photo-release agreement is required before the image will be published on this site.
Because of the way we are staffed, expect corrections or additions to take time, sometimes up to three months.
While we initially included some actual links to external URLs in the database, we will in the future no longer provide functioning links. We will instead record the presence of specific external materials in language that we hope will help intelligent users find it themselves. Web rot, in which actual materials remain online but undergo changes in their URLs, is too demanding in terms of staff time for us to hope to keep external links current.

Please copy, fill out the form below, and email it to heritage@lincoln.ne.gov to suggest a change.