When was the last time we were asked to make a shared sacrifice. Peterson, who served as secretary of commerce under president nixon and is the former chairman of the federal reserve bank in new york, states his position clearly in the subtitle to his new book running on empty. He is the chairman emeritus of the council on foreign relations and founding chairman of the peterson institute for international economics. He was born july 24, 1929 in tekamah, ne, the fourth of seven children to leslie peterson and eldora lewis. Petersons last antidebt crusade the new york times. Pete peterson says that he has lived the american dream. As the populations of the worlds leading economies age and shrink, we will face unprecedented political, economic, and moral challenges. Acclaimed by all sides of the political spectrum, peter petersons running on empty not only traces the deterioration of americas finances but offers solutions. The book is written in a more accessible style than his previous academic book, maps of meaning.
Peter petersons book, running on empty, provides a clear, concise, and unvarnished look at americas political and fiscal deterioration. Peterson foundation, which works to increase public awareness and accelerate action on the key fiscal challenges threatening americas future. He was married to joan ganz cooney, sally hornbogen and kris krengel. He is chairman of the blackstone group and chairman of the council on foreign relations. The most influential billionaire in america is peter g.
A pox on the houseand on all the houses, writes financier peterson the education of an american dreamer. When peter peterson published gray dawn some eighteen years ago, right before the turn of the twentyfirst century, few people knew how prescient he was. Peter g peterson peterson, peter g used books, rare books and new books. Peterson is the former chairman and cofounder of the blackstone group and the author of the education of an american dreamer. The national bestseller, described by tom brokaw as the wakeup call we cannot ignore, with a new preface by the author. Peterson, the education of an american dreamer, page 356 this book was great to see some of the innerworkings of washington and wall street. Peterson relationship map im not sure hedge fund managers and investment bankers are really the right group to be determining our fiscal future. Petersons impact on and contributions to cfr were profound.
Peterson, who was a nixon cabinet member, used this book to repeat his chicken little fear mongering, blaming aging seniors for the nations debt. He is also the cofounder of the blackstone group, a former chairman and ceo of lehman brothers, a former chairman of the council on foreign relations, founding chairman of. Its called global aging, and it threatens to bankrupt the great powers. He wrote a halfdozen books laying out his vision for economic. His most recent book, running on empty, was a national bestseller. Peterson institute for international economics piie.
How a son of greek immigrants learned his way from a nebraska diner to washington, wall street, and beyond is. The author was richard nixons united states secretary of commerce for less than one year. Running on empty and millions of other books are available for amazon kindle. Peterson, the billionaire financier and philanthropist who combined a. Peterson opposed the republican 2017 tax reforms, because they would cut corporate and other taxes by raising the debt. How the democratic and republican parties are bankrupting our future and what americans can do about it. Peterson all formats kindle edition paperback hardcover large print sort by.
Access a free summary of running on empty, by peter g. Peterson, a selfmade billionaire financier who was briefly commerce secretary under president richard m. He was chairman emeritus and cofounder of the blackstone group, a leading investment and advisory firm. Peterson, born june 5, 1926, is a controversial wall street billionaire who uses his wealth to underwrite numerous organizations and pr campaigns to generate public support for slashing social security, medicare, and medicaid, citing concerns over unsustainable federal budget deficits. How the coming age wave is about to transform americaand the world. Peterson foundation, we believe that together we can secure a healthy, growing economy by addressing americas longterm fiscal challenges. Peterson foundation, at a book talk at the aspen institute on tuesday. What happened to the culture and ethics of the country. How a son of greek immigrants learned his way from a nebraska diner to washington, wall street, and beyond, 2009, etc. Peterson, including commentary and archival articles published in the new york times. Reflections on petes contributions and accomplishments in business, public policy and philanthropy. Peterson, beloved husband of our esteemed life trustee joan ganz cooney and father of trustee holly peterson.
Foundation with 52 videos in the cspan video library. Petersons book tends to foreclose clear and careful thought. A strong fiscal foundation is essential for a healthy economy, with rising incomes. The book grew out of petersons hobby of answering questions posted on quora, one being what are the most valuable things everyone should know. How a son of greek immigrants learned his way from a nebraska diner to washington, wall street, and beyond jun 8, 2009.
How to rescue the economy from crushing debt and restore the american dream. Peterson has had a 30year obsession with the nations. He was also chairman of the federal reserve bank of new york from 2000 to 2004. Peter peterson, 83, has been thinking an awful lot about death lately. Founded in 1997, has become a leading book price comparison site. Peterson was born on june 5, 1926 in kearney, nebraska, usa as peter petropoulos. Peterson and explore their bibliography from s peter g. Peterson is a very serious man on a very serious mission, and that mission includes a film, a book, a couple of foundations, and a billiondollar effort to reeducate americans on very. A selection of broadcast interviews featuring pete. He began his business career during the depression as the boy behind the cash register at the kearney, neb. Peterson foundation in 2008 to raise awareness of americas longterm fiscal challenges and promote solutions to ensure a better economic future.
Pete was a prolific writer who penned seven books and over fifty articles. Business, government, philanthropist party affiliation. Peterson lives in new york city with his wife joan ganz cooney, founder of the childrens television workshop, and has five children and nine grandchildren. Our fertility rate is going down, which will mean that over time the ratio of older people to younger people will increase. Peterson, who was a wall street billionaire and antientitlement crusader, presents here his generational inequity argument for cuts to social security and other government programs. Peterson is a founder and chairman for the peterson peter g. Peter peterson obituary new york, ny new york times. Peterson, a wall street banker, a former secretary of commerce under president nixon, and a founder of the concord coalition, a washington advocacy group of deficithawk heavyweights, has for fifteen years been crying outless in the wilderness than within the capital beltway. Peter george peterson june 5, 1926 march 20, 2018 was an american investment banker who served as united states secretary of commerce from february 29, 1972, to february 1, 1973, under the richard nixon administration. Heres a book to help you maximize your social security benefits. Peterson, former us secretary of commerce in the nixon administration and cofounder of the blackstone group, an american financialservices company peter g. Pete authored numerous articles and essays, as well as seven books. Americas economic strength is closely tied to our fiscal outlook. In 2007, he made a fortune from the public offering of the private equity firm he cofounded.
The peterson institute for international economics piie is an independent nonprofit, nonpartisan research organization dedicated to strengthening prosperity and human welfare in the global economy through expert analysis and practical policy solutions. Peterson, cofounder and chairman emeritus of the blackstone group and founder and chairman of the peter g. Peterson, the wall street rainmaker with global connections who emerged from a fight for control of lehman bros. How the coming age wave will transform americaand the world. Peterson foundation is an american foundation established in 2008 by peter g.