Policy Documents

Peirce, Dr. William S.

Heartland Institute staff –
August 28, 2002

Dr. William S. Peirce is a Policy Advisor to The Heartland Institute and Professor of Economics in the Weatherhead School of Management at Case Western Reserve University.


Contact Information

Professor of Economics

Weatherhead School of Management

Case Western Reserve University

Cleveland, OH 44106

Phone 216/368-4131

Fax 216/368-5039

Email wsp@po.cwru.edu

Web www.cwru.edu/bulletin/ArtsSciences/economics.html


Personal

Born December 7, 1938, Stoneham, Massachusetts.

Married Nynke Witteveen, 1966, three adult children.


Education

A.B., Harvard, 1960.

Fellow, American Institute for Economic Research, 1960-1962.

Ph.D., Princeton, 1966.


Academic Experience

1966, Instructor. Case Institute of Technology.

1966-1972, Assistant Professor. Case Western Reserve University.

1972-1984, Associate Professor. Case Western Reserve University.

1984-present, Professor of Economics. Case Western Reserve University.


Administrative Experience

Chairman, Department of Economics, 1979-1981; 1983-1984; 1996-present.

Acting Director, Research Program in Industrial Economics, 1983-1984.


Teaching Specialties

Public Finance

Energy Economics

Industrial Economics


Recent Research

Public Choice in the European Community


Books

Bureaucratic Failure and Public Expenditure (New York, NY: Academic Press, 1981).

Technological Progress and Industrial Leadership: The Growth of the U.S. Steel Industry, 1900-1970, with Bela Gold, Gerhard Rosegger, and Mark Perlman (Lexington, MA: D.C. Heath, 1984).

Economics of the Energy Industries (Belmont, CA: Wadsworth, 1986). Second Edition (Westport, CT: Praeger, 1996).


Chapters in Books

William S. Peirce and William G. Bowen, "The United States Labor Force," pages 14-21 of Labor and the National Economy, W.G. Bowen, editor (New York, NY: W.W. Norton & Co., 1965).

Ronald L. Oaxaca and William S. Peirce, "The United States Labor Force," pages 22-29 of Labor and the National Economy, William G. Bowen and Orley Ashenfelter, editors (New York, NY: W.W. Norton, rev. ed., 1975).

Bela Gold, William S. Peirce, and Gerhard Rosegger, "Diffusion of Major Technological Innovations in U.S. Iron and Steel Manufacturing," in Bela Gold, editor, Technological Change: Economics, Management and Environment (Oxford: Pergamon Press, 1975).

"The Effects of Technological Change: Exploring Successive Ripples," in Bela Gold, editor, Technological Change: Economics, Management and Environment (Oxford: Pergamon Press, 1975).

Bela Gold, William S. Peirce, and Gerhard Rosegger, "Diffusion of Major Technological Innovations: Towards a Broader Analytical Framework," in E. Rhodes and D. Wield, editors, Implementing New Technologies: Choice, Decision and Change in Manufacturing (Oxford: Basil Blackwell, 1985), pages 109-116.

"Rent and Technological Change in the Extractive Industries," in Bo Carlsson, editor, Industrial Dynamics (Boston, MA: Kluwer, 1989).

"Unanimous Decisions in a Redistributive Context: The Council of Ministers of the European Communities," in Roland Vaubel and Thomas D. Willett, editors, The Political Economy of International Organizations (Boulder, CO: Westview, 1991).

"Innovation and Diffusion in a Single Europe: Institutional Structure and Industrial Prospects for the European Communities," in N. Naki enovi and A. Grübler, editors, Diffusion of Technologies and Social Behavior (Heidelberg and New York, NY: Springer-Verlag, 1991).

"Government: An Expensive Provider," chapter 3 of Limiting Leviathan, Richard Wagner and Don Racheter, editors, forthcoming.

"Land Value Taxation and Public Choice," Proceedings of a conference at the American Institute for Economic Research, August 1992, forthcoming.

"The Frontier Capital Theory of Henry George and John Rae," Proceedings of a conference at the American Institute for Economic Research, August 1993, forthcoming.


Articles

Bela Gold, William S. Peirce, and Gerhard Rosegger, "Diffusion of Major Technological Innovations in U.S. Iron and Steel Manufacturing," Journal of Industrial Economics, July 1970, pages 218-241.

John Landon and William S. Peirce, "Discrimination, Monopsony, and Union Power in the Building Trades: A Cross-Sectional Analysis," Proceedings of the Twenty-Fourth Annual Winter Meeting, Industrial Relations Research Association, December 1971, New Orleans.

"The Ripple Effects of Technological Innovation: The Case of Iron Ore Pelletizing," Omega, Vol. 2, No. 1, February 1974, pages 43-51.

"Bureaucratic Politics and the Labor Market," Public Choice 37 (1981), pages 307-320.

"Naive Forecasting: The Fiasco of Coal Gasification," Omega, Vol. 13, No. 5, September 1985.

"Capital Costs of Electric Power," REI Review, Winter 1987, pages 26-35.

"Innovation and Diffusion in the ‘Single Europe’: Institutional Structure and Industrial Prospects for the European Communities," Technological Forecasting and Social Change, Vol. 39, No.1-2, March-April 1991; Special Issue, From Democracy to Chain Saws: New Perspectives on Innovation Diffusion, pages 35-44."After 1992: The European Community and the Redistribution of Rents," Kyklos, 4/91.

William S. Peirce and Peter Krüger, "Entrepreneurship in a Bureaucracy: The Case of Friedrich Althoff," in Jürgen Backhaus, editor, The Economics of Science Policy: Analysis of the Althoff System, Journal of Economic Studies, Vol. 20, Issues IV/V, 1993.


Notes, Comments, Miscellaneous

"Government-Subsidized Medical Care for the Aged," The American Economist, Vol. IX, No. 2 (Fall 1965), pages 39-40.

Orley C. Ashenfelter and William S. Peirce, "Industrial Conflict: The Power of Prediction: A Comment," Industrial and Labor Relations Review, Vol. 20, No. 1, October 1966, pages 92-95.

"Development of Relocation Allowances as Manpower Policy: Comment," Industrial and Labor Relations Review, Vol. 20, No. 3, April 1967, pages 453-454.

"Comment on Job Vacancy Measurement," The Journal of Human Resources, Vol. 11, No. 3 (Summer 1967), pages 392-393.

John Landon and William S. Peirce, "Discrimination, Monopsony, and Union Power in the Building Trades: Excerpt," Monthly Labor Review, April 1972.

"The World Market for Iron Ore: An Economic Perspective," Proceedings of the Third National Seminar, Steel Industry Economics (Chicago, 1972).

M.G. Boylan with Joel Rosenberg and William Peirce, "Reported Economic Effects of Technological Changes," a chapter in Research, Technological Change and Economic Analysis: A Critical Review of Concepts, Tools and Findings, edited by Bela Gold (Lexington, MA: D.C. Heath, 1977).

"The Power and the Bureaucracy," Wall Street Journal, April 9, 1982, page 18.

"El Salvador’s Land Problems," Chicago Tribune "Perspective," March 9, 1983, Section 1, page 19. Reprinted in Land and Liberty, November 1984."The New Electric Competition," The Journal of Commerce, February 17, 1988, page 16A.

"Make Tax Abatement General," The Plain Dealer, June 23, 1988, page 3c. Distributed as a Heartland Perspective February 15, 1990, and published by The Plain Dealer again, February 2, 1990.

"Make Handguns Pay for Themselves," The Plain Dealer, November 4, 1992, page 10A.


Books Reviewed (partial listing)

Regulation, Market Prices, and Process Innovation: The Case of the Ammonia Industry, by Edward Greenberg, Christopher T. Hill, David J. Newberger, et al. (Boulder, CO: Westview Press, 1979), in Journal of Economic Literature, June 1980.

Public Lands Politics: Interest Group Influence on the Forest Service and the Bureau of Land Management, by Paul J. Culhane (Baltimore, MD: Johns Hopkins University Press for Resources for the Future, 1981), in The Environmental Professional, Vol. 5, 1983.

The Political Economy of Bureaucracy, by P.M. Jackson (Totawa, NJ: Barnes & Noble Books, 1983), for Public Choice, Vol. 44, No. 2, 1984.

Energy, Productivity, and Economic Growth, by Sam H. Schurr, Sidney Sonenblum, and David O. Wood, editors (Cambridge, MA: Oelgeschlager, Gunn & Hain, publishers 1983), for the Journal of Energy and Development, Autumn 1984.

Rural Electrification for Development: Policy Analysis and Applications, by Mohan Munasinghe (Westview Press, 1987), for the Journal of Energy and Development, Spring 1987, pages 292-293.

Synthetic Fuel Technology Development in the United States: A Retrospective Assessment, by Michael Crow, Barry Bozeman, Walter Meyer, and Ralph Shangraw (Praeger, 1988), for Business Library Review 16(4), 1991, page 267.

The Unfulfilled Promise of Synthetic Fuels: Technological Failure, Policy Immobilism, or Commercial Illusion, by Ernest J. Yanarella and William C. Green, editors (Westport, CT: Greenwood Press, 1987), for Business Library Review 17(1), 1991, pages 11-12.

Trade Protection in the European Community, by Ludger Schuknecht (Chur, Switzerland: Harwood Academic Publishers, 1992), for Public Choice 79(3-4), June 1994.

Democracy and International Trade: Britain, France, and the United States, 1860-1990, by Daniel Verdier (Princeton: Princeton University Press, 1994), for Public Choice 86(1-2), January 1996, pages 201-203.


Working Papers and Other Unpublished Manuscripts

"Selective Manpower Policies and the Trade-off Between Rising Prices and Unemployment: Some Conceptual Considerations," Ph.D. dissertation, Princeton University, 1966.

"Factors Affecting Responsiveness to Technological Innovations in Coal Mining," RPIE Working Paper #54.

"Bureaucratic Failure: Incremental Drift from Public Goods," Economics Department Working Paper #32.

"Repealing Parkinson’s Law: Incentives to Encourage Bureaucrats to Save the Taxpayers Money."

"Capital Costs and the Regional Economy: The Case of Electric Power."

"Local Bond Referenda: What Do They Tell Us?"

"The European Communities as an Environment for Rent-Seeking."

"The Political Economy of Industrial Standards in the EC."


Recent Presentations of Professional Papers

Public Choice Society Annual Meeting, New Orleans, February 1985, "Forecasting the Demise of OPEC."

New Issues in Industrial Economics, Cleveland, June 1987, "Rent and Technological Change in the Extractive Industries."

Public Choice Society Annual Meeting, San Francisco, March 1988, "The Local Public Investment Decision."

University of Limburg, Faculty Seminar, Maastricht, October 1988, "The European Community as a Bureaucratic State."

European Public Choice Society Annual Meeting, Linz, Austria, March 29 - April 1, 1989, "Unanimous Decisions in a Redistributive Context."

Workshop in Law and Economics, Maastricht, April 1989, "Private Production of Public Law."

International Conference on Diffusion, International Institute for Applied Systems Analysis, Laxenburg, Austria, June 1989, "Diffusion in the ‘Single Europe.’”

Conference on the Althoff System, Heilbronn, Germany, June 29-July 3, 1989, "Entrepreneurship in a Bureaucracy."

Conference on the Political Economy of International Organizations, Claremont, California, November 1989, "The Council of Ministers of the European Communities."

Public Choice Society Annual Meeting, Tucson, March 16-18, 1990, "The European Community as an Environment for Rent-Seeking."

Public Choice Society Annual Meeting, New Orleans, March 15-17, 1991, "Agenda Setter, Legislature, or Bureaucracy? The Commission of the European Community."

Public Choice Society Annual Meeting, New Orleans, march 20-22, 1992, "Rent Seeking through Quasi-Public Regulation."

Conference on Land Value Taxation, American Institute for Economic Research, Great Barrington, Massachusetts, August 21, 1992.

Public Choice Society Annual Meeting, New Orleans, March 1993, "Who Decides What? Industrial Policy within a Political Process."

Conference on Land Value Taxation, American Institute for Economic Research, Great Barrington, Massachusetts, August 20-21, 1993.

Public Choice Society Annual Meeting, Long Beach, California, March 24-26, 1995, "Why Would Bond Referenda Ever Fail? Do They?"


Other Recent Professional Activities

Gastwissenschaftler, University of Mannheim, February-June 1996.

Heilbronn (Germany) Symposium, June 28-30, 1996. Discussant of a paper by Peter Senn on "The German Civil Code in the History of Law and Economics."

American Institute for Economic Research, Trustee.

The Buckeye Center for Public Policy Solutions, Academic Advisor.

The Heartland Institute, Academic Advisor.

Reviewed articles for IEEE Transactions on Engineering Management, European Journal of Law and Economics, and the Journal of Economic Education.


Memberships

American Economic Association

European Community Studies Association

International Association of Energy Economics

Public Choice Society

Sigma Xi


University Service (partial listing)

WSOM Professional Degrees Program Committee, 1996-present

WSOM Undergraduate Program Committee, 1996-present

University Undergraduate Faculty Curriculum Committee, 1996-present

University Undergraduate Faculty Admissions Committee, 1996-present

Economics Department, Graduate Curriculum Committee, 1993-present

Faculty Senate, Committee on Faculty Personnel, 1993-1995

Economics Department, Strategy Committee, 1992-1993

Weatherhead SOM Committee on Appointments, 1990-1993

Faculty Senate Committee on Fringe Benefits, 1990-1995 (chairman, 1993-1995)

University Committee on Fringe Benefits, 1990-1995

Faculty Senate Nominating Committee, 1993-1994

Task Force on Academic Planning and Structure, 1986-1987


Courses Taught

Undergraduate

  • Principles of Economics - Micro

  • Principles of Economics - Macro

  • Economics of Energy

  • Public Finance

  • Labor Economics

  • Economics of Industrial Production and Technological Change

  • Social Economics

  • History of Economic Thought

  • Public Choice

  • Intermediate Microeconomic Theory

  • Freshman Seminar: Resources, Environment, and Technology


Graduate

  • Labor Market Analysis

  • Legal, Economic, and Political Aspects of Resource Management (with Haimes and Junger)

  • Legal, Economic, and Social Aspects of Water Pollution (with Clapham, Haimes, and Junger)

  • Economic Aspects of Public Expenditures

  • Social Economics

  • Economic Aspects of Taxation

  • History of Economic Thought

  • Manpower Development

  • Industrial Economics

  • Industrial Dynamics and Technological Change (EMBA)