Peter Hill - PERC

Peter Hill

Senior Fellow

P. J. Hill is Professor of Economics Emeritus at Wheaton College, Wheaton, Illinois and a Senior Fellow at the Property and Environment Research Center in Bozeman, Montana, where he currently resides. He is the co-author, with Terry L. Anderson and Douglass North of Growth and Welfare in the American Past, with Terry Anderson of The Birth of a Transfer Society, and also with Terry Anderson of The Not So Wild, Wild West: Property Rights on the Frontier. He has also authored numerous articles on the theory of property rights and institutional change and has edited six books on environmental economics. His undergraduate degree is from Montana State and his PhD from the University of Chicago. P.J. grew up on a cattle ranch in eastern Montana, which he operated with his family until 1992, when he sold the ranch and bought a smaller ranch in western Montana, which he operated until 2012.

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Articles by Peter Hill

What’s So Immoral About a Free Market

Thursday, November 3rd at Montana State University: Rancher, author, and professor P.J. Hill will explore different economic systems, examining,the opportunities, limits, and moral implications of different forms of governance.

Are All Commons Tragedies? Bison in the 19th Century

The near extermination of the North American bison is widely viewed as a classic example of the tragedy of the commons. In the Independent Review, P.J. Hill argues that even if there had been well-defined and enforced property rights, cattle would still have replaced bison on the Great Plains.