William Breit

WILLIAM BREIT

OFFICE ADDRESS

Department of Economics
Trinity University
One Trinity Place
San Antonio, TX 78212-7200
Phone: (210) 999-8492
FAX: (210) 999-7225
E-mail: wbreit@sbcglobal.net

EDUCATION

B.A., University of Texas, 1955
M.A., University of Texas, 1956
Ph.D., Michigan State University, 1961

PRESENT POSITIONS

· Adjunct Scholar, American Enterprise Institute for Public Policy Research, 1977-

PREVIOUS POSITIONS

Professor of Economics, Emeritus, Vernon F. Taylor Distinguished Professor, Trinity University, 1999-2002
E.M. Stevens Distinguished Professor of Economics, Trinity University, 1983-1999
Professor of Economics, University of Virginia, 1970-1983
Associate Professor of Economics, University of Virginia, 1965-1970
Associate Professor of Economics, Louisiana State University, 1964-1965
Assistant Professor of Economics, Louisiana State University, 1961-1964
Instructor of Economics, Michigan State University, 1957-1960

ADMINISTRATIVE POSITIONS

Director of Graduate Studies in Economics, University of Virginia, 1967-1968
Director of Honors Program in Economics, University of Virginia, 1967-1974
Institute Director, Summer Institute on the American Economy, University of Virginia, 1974 and 1975

EDITORIAL DUTIES

Advisory Editor, Social Science Quarterly, 1965-1977
Board of Editors, Journal of Economic Issues, 1976-1979
Board of Editors, Research in the History of Economics, 1983-
Board of Editors, International Social Science Review, 1984-
Board of Editors, Social Science Journal, 1985-
Co-Editor (with Kenneth G. Elzinga), Political Economy and Public Policy: an International Series of Monographs in Law and Economics, History of Economic Thought and Public Finance, JAI Press Inc., Greenwich, Conn.

AWARDS AND HONORS

Research grant, Wilson Gee Institute for Research in the Social Sciences, 1966; 1972
Sesquicentennial Associate, Center for Advanced Studies, University of Virginia, 1973-1974; 1981-1982
Senior Research Associate, Thomas Jefferson Center for Political Economy, University of Virginia, 1975-1976
1977 Phi Beta Kappa Book Prize for The Antitrust Penalties: A Study in the Law and Economics (Yale University Press, 1976) (with Kenneth G. Elzinga)
Adjunct Scholar, American Enterprise Institute for Public Policy Research, Washington, D.C., 1977-
Board of Directors, Association for Evolutionary Economics, 1978-1981
First Vice-President, Southern Economic Association, 1979-1980
Annual Aldeen Lecture, Wheaton College, 1982
Commencement Address, Trinity University, 1983
Invited Plenary Lecture, Southwestern Economics Association Annual Meeting, 1984
President-Elect, Southern Economic Association, 1984-1985
President, Southern Economic Association, 1985-1986
Member, Advisory Board to the Advisory Commission on Intergovernmental Relations, Washington, D.C., 1985-1990
Annual Lecture in Virginia Political Economy Lecture Series, Center for Study of Public Choice, George Mason University, 1986
First Annual Erickson Lecture in Economics, Southwest Texas State University, 1988
Harris Distinguished Professor, Clemson University, 1990
First Annual Harris Lecture, Clemson University, Spring, 1990
Honors Convocation Address, Trinity University, Spring 1992
Winthrop Rockefeller Distinguished Lecturer, University of Arkansas, Fayetteville, 1997
Inducted into Epsilon of Texas Chapter, Phi Beta Kappa (Honorary), Spring 1998
Michigan State University Distinguished Alumni Award, 1999
“The Worlds of William Breit” Southern Economic Association Special Session, Organized by SEA President-elect Charles Holt, Panelists: Kenneth Elzinga, Robert Hebert, Harold Hochman and Gordon Tullock. Moderated by David J. Zorn, Tampa, Florida, November 18, 2001
Southwestern Social Sciences Association Distinguished Achievement Award, 2002
Who’s Who in America 57^th Edition

VISITING APPOINTMENTS

Visiting Professor, the Economics Institute, University of Colorado, Summer, 1966
Visiting Professor of Economics, University of California, Berkeley, Summer Quarter, 1968
Visiting Professor of Economics, The University of Texas at Austin, Spring Semester, 1975

MEMBERSHIPS IN PROFESSIONAL ASSOCIATIONS

American Economic Association
Southern Economic Association
Southwestern Social Science Association
Mont Pelerin Society
Mystery Writers of America

CLUBS

Cosmos Club, Washington, D.C.

PUBLICATIONS

“The Debt Burden and Future Generations: A Review of the Controversy,” Proceedings of the Fifty-Eighth Annual Conference on Taxation, National Tax Association, 1965.
“Some Neglected Early Critics of the Wages Fund Theory,” Southwestern Social Science Quarterly, June, 1967.
“The Wages Fund Controversy Revisited,” Canadian Journal of Economics and Political Science, November, 1967.
With Harold M. Hochman, Readings in Microeconomics (New York: Holt, Rinehart and Winston, 1968).
“Public-Goods Interaction in Stackelberg Geometry,” Western Economic Journal, March, 1968.
“Approaches to Oligopoly,” Social Science Quarterly, June, 1968. “Oligopoly Symposium: Reply to Hattwick, Sailors and Barton,” Social Science Quarterly, March, 1969.
“Some Early Unconventional Wisdom on Utility Regulation,” Social Science Quarterly, March, 1970.
“Distributional Equality and Aggregate Utility,” (with W.P. Culbertson, Jr.) American Economic Review, June, 1970.
With Roger L. Ransom, The Academic Scribblers: American Economists in Collision (New York: Holt, Rinehart and Winston, 1971). Cloth and paper editions.
With Harold M. Hochman, Readings in Microeconomics, Second Revised Edition (New York: Holt, Rinehart and Winston, 1971). Cloth and paper editions. (Italian translation, 1971; Spanish translation, 1973.)
“Markets,” Encyclopedia International, 1971.
“Social Responsibility and the Corporation: Discussion,” Journal of Economic Issues, March, 1972.
“Distributional Equality and Aggregate Utility: Reply,” (with W.P. Culbertson, Jr.) American Economic Review, June, 1972.
“Antitrust Penalties and Attitudes Toward Risk: An Economic Analysis,” (with Kenneth G. Elzinga) Harvard Law Review, February, 1973.
“The Development of Clarence Ayres’s Theoretical Institutionalism,” Social Science Quarterly, September, 1973.
“Income Redistribution and Efficiency Norms,” in Redistribution Through Public Choice, eds., H.M. Hochman and G.E. Peterson (New York: Columbia University Press, 1974).
“The Instruments of Antitrust Enforcement,” (with Kenneth G. Elzinga) in The Antitrust Dilemma, eds., J. Dalton and S. Levin (Lexington: D.C. Heath and Co., 1974).
“Private Actions - The Purposes Sought and the Results Achieved: The Economist’s View,” (with Kenneth G. Elzinga) Antitrust Law Journal, Spring, 1974.
“Antitrust Enforcement and Economic Efficiency: The Uneasy Case for Treble Damages,” (with Kenneth G. Elzinga) Journal of Law and Economics, October, 1974.
“Product Differentiation and Institutionalism: New Shadows on an Old Terrain,” (with Kenneth G. Elzinga) Journal of Economic Issues, December, 1974.
“The Effectiveness of Private Treble Damages as an Antitrust Enforcement Mechanism: Efficiency and Equity Considerations,” Southwestern University Law Review, Vol. 8, 1976.
Co-Editor and Contributor with W.P. Culbertson, Jr., Science and Ceremony: The Institutional Economics of C.E. Ayres with a foreword by John Kenneth Galbraith (Austin: The University of Texas Press, 1976).
With Kenneth G. Elzinga, The Antitrust Penalties: A Study in Law and Economics (New Haven: Yale University Press, 1976.) [Selected as Book of the Month Alternate by McGraw-Hill Management Book Guild; awarded 1977 Phi Beta Kappa Book Prize.] Cited by Justice Burger in Texas Industries v Radcliff Materials, 451 U.S. 630, 636 (1981).
Comments on “Symposium on Science and Ceremony,” Journal of Economic Issues, September, 1977.
“Starving the Leviathan: Balanced Budget Prescriptions Before Keynes,” in Fiscal Responsibility in Constitutional Democracy, edited by James M. Buchanan and Richard E. Wagner (Leiden: Martinus Nijhoff, 1978).
With Kenneth G. Elzinga, Murder at the Margin by Marshall Jevons (Joint pseudonym) (Glen Ridge: Thomas Horton and Daughters, 1978). Paperback, 1979. [A mystery novel in which the protagonist, an economist-sleuth, uses economic analysis to solve the crime.]
“Ayres, Clarence Edwin,” in International Encyclopedia of the Social Sciences, Biographical Supplement (New York: The Free Press, 1980).
“Ezra Pound and the GNP,” (with Kenneth G. Elzinga) Southern Economic Journal, January, 1980.
“Information for Antitrust and Business Activity: Line of Business Reporting,” (with Kenneth G. Elzinga) in The Federal Trade Commission Since 1970, edited by Kenneth W. Clarkson and Timothy J. Muris (Cambridge: Cambridge University Press, 1981).
“Mr. Friedman’s Strictures on Murder at the Margin,” (with Kenneth G. Elzinga) Public Choice, Vol. 36, 1981.
With Roger L. Ransom, The Academic Scribblers, Revised Edition (Chicago: Dryden Press, 1982).
With Kenneth G. Elzinga, The Antitrust Casebook: Milestones in Economic Regulation (Chicago: Dryden Press, 1982).
“Comment: Constitutionalizing the Regulatory Process,” in Constitutional Economics: Containing the Economic Powers of Government, edited by Richard B. McKenzie, (Lexington: D.C. Heath and Company, 1984).
“New Approaches to Antitrust Damages: The Alternatives to Mandatory Trebling,” (with Joe Sims and Others) The Business Lawyer, American Bar Association, 1984.
“Galbraith and Friedman: Two Versions of Economic Reality,” Journal of Post Keynesian Economics, Fall, 1984.
“Private Antitrust Enforcement: The New Learning,” (with Kenneth G. Elzinga) Journal of Law and Economics, May, 1985.
With Kenneth G. Elzinga, The Fatal Equilibrium by Marshall Jevons (joint pseudonym) (Cambridge: The MIT Press, 1985) [Published in paperback edition by Ballantine Books, New York, 1986.] [Translated into Japanese and published by Nihon Keizai Shimbunsha Ltd., Tokyo, 1986.] [Translated into Korean and published by Book & World Publishers, Seoul, 2001.] [Translated into French and published by Economica of Paris, forthcoming.]
With Kenneth G. Elzinga, Antitrust Penalty Reform: An Economic Analysis (Washington: The American Enterprise Institute for Public Policy Research, 1986).
With Harold M. Hochman and Edward Saueracker, Readings in Microeconomics, Third Edition (St. Louis: Times Mirror/Mosby College Publishing, 1986).
Co-editor with Roger W. Spencer, Lives of the Laureates: Seven Nobel Economists (Cambridge: The MIT Press, 1986). [Translated into Portuguese and published by Forense-Universitaria, Rio de Janeiro, 1988.] [Translated into Japanese and published by Otas Kenkyujo, Tokyo, 1989.]
“Biography and the Making of Economic Worlds,” Southern Economic Journal, April, 1987.
“Creating the Virginia School: Charlottesville as an Academic Environment in the 1960s,” Economic Inquiry, October, 1987.
“Introduction” to “Political Economy 1957-1982,” by James M. Buchanan in Ideas, Their Origins, and Their Consequences (Washington, D.C.: American Enterprise Institute, 1988).
“Institutional Economics as an Ideological Movement” in Philosophy, History and Social Action, edited by Sidney Hook, William L. O’Neill and Roger O’Toole (Dodrecht and Boston: Kluwer Academic Publishers, 1988). [This book is a volume in the “Boston Studies in the Philosophy of Science” series.]
With Kenneth G. Elzinga, The Antitrust Casebook, Second Revised Edition (Chicago: Dryden Press, 1989).
Co-editor with Roger W. Spencer, Lives of the Laureates: Ten Nobel Economists, Second Revised Edition (Cambridge: The MIT Press, 1990). [Translated into Thai and published by Bhannakij Trading Ltd., Bangkok, 1991.] [Translated into Indonesian by PT Gramedia Pustaka Utama, Jakarta, 1992.] [Translated into Spanish and published by Editorial Celeste, Madrid, 1993.] [Translated into Italian and published by Il Sole 24 Ore Libri of Milan, 1992.]
“Resale Price Maintenance: What Do Economists Know and When Did They Know It?,” Journal of Institutional and Theoretical Economics, March, 1991.
With Kenneth G. Elzinga, Murder at the Margin by Marshall Jevons (joint pseudonym) (Princeton: Princeton University Press, 1993). Cloth and paperback editions, 1993. [A critical edition of the 1978 mystery novel reissued by Princeton University Press with a new “Foreword” by Herbert Stein and a new “Afterword” by Marshall Jevons.] [Translated into Spanish and published by Alianza Editorial, Madrid, 1996.] [Translated into Korean and published by Book & World Publishers, Seoul 2001.] [Translated into French and published by Economica of Paris, forthcoming.]
“Discrimination and Diversity: Market and Non-Market Settings,” (with John Horowitz), Public Choice, Vol. 84, 1995.
Co-editor with Roger W. Spencer, Lives of the Laureates: Thirteen Nobel Economists, Third Revised Edition (Cambridge: The MIT Press, 1995.) [Published in paperback edition by MIT Press, Cambridge, 1997.] [Translated into Chinese (complex character) and published by Commonwealth Publishing Company, Taipei, 1998.] [Translated into Chinese (simplified character) and published by the Hainan Publishing House, Hainan, forthcoming.]
With Kenneth G. Elzinga, A Deadly Indifference by Marshall Jevons (joint pseudonym) (New York: Carroll & Graf, 1995). [Published in paperback edition by Princeton University Press, Princeton, 1998.] [Translated into Korean and published by Book & World Publishers, Seoul, 2001.] [Translated into French and published by Economica of Paris, forthcoming.]
With Kenneth G. Elzinga, The Antitrust Casebook: Milestones in Economic Regulation, Third Edition (Fort Worth: The Dryden Press, 1996).
“The Yeager Mystique: The Polymath as Teacher, Scholar and Colleague” (with Kenneth G. Elzinga and Thomas D. Willett), Eastern Economic Journal, Vol. 22, Spring 1996.
"Stone, Sir John Richard N." in An Encyclopedia of Keynesian Economics, edited by Thomas Cate, (Cheltenham, UK: Edward Elgar, 1997).
"Reputation versus Influence: The Evidence from Textbook References" (with John H. Huston), Eastern Economic Journal, Vol. 23, Fall 1997.
With Roger L. Ransom, The Academic Scribblers, Third Edition, with a “Foreword” by Robert M. Solow and “Afterword” by the authors (Princeton: Princeton University Press, 1998). [Translated into Chinese (simplified) and published by Liang Jing Publishing Studio, Beijing, forthcoming.]
“In Memoriam: Herbert Stein,” Southern Economic Journal, vol. 66, April 2002.
With Kenneth G. Elzinga, “Economics as Detective Fiction,” Journal of Economic Education, forthcoming, Fall 2002.

REPRINTED PIECES

“The Wages Fund Controversy Revisited” in Readings in the History of Economic Theory, I.H. Rima (ed.) (New York: Holt, Rinehart and Winston, 1970).
“Capitalism and Freedom: Milton Friedman” (Chapter from The Academic Scribblers), in Readings in Political Economy, E.L. Wheelwright and Frank J.B. Stilwell, (eds.) (Sydney: Australia and New Zealand Book Company, 1976).
“Antitrust Penalties and Attitudes Toward Risk” in (1) Corporate Counsel’s Annual - 1974, H. Friedman, J.D. O’Brien and H.S. Schlagman, (eds.) (New York: Matthew Bender, 1974); (2) Hearings, The Antitrust Procedures and Penalties Act Subcommittee on Antitrust and Monopoly, U.S. Senate, 93rd Congress, 1st Session, March-April, 1973; (3) William Breit, Harold M. Hochman and Edward Saueracker, Readings in Microeconomics, Third Edition (St. Louis: Times Mirror/Mosby College Publishing, 1986).
“Social Responsibility and the Corporation: Discussion” in The Economy as a System of Power, Vol. II, Warren J. Samuels, (ed.) (New Brunswick: Transaction Books, 1979).
“The Instruments of Antitrust Enforcement” in Emory Law Journal, December, 1974.
“Antitrust Enforcement and Economic Efficiency: The Uneasy Case for Treble Damages” in (1) Hearings, The Antitrust Improvements Act of 1975, Subcommittee on Antitrust and Monopoly, U.S. Senate, 94th Cong., 1st Sess., Part 2, May-June, 1975; (2) Terry Calvani and John Siegfried (eds.) Economic Analysis and Antitrust Law (Boston: Little, Brown and Co., 1979); (3) F.M. Scherer (ed.) Monopoly and Competition Policy, Vol. II, The International Library of Critical Writings in Economics (Brookfield, VT: Edward Elgar Publishing Co., 1993).
“Distributional Equality and Aggregate Utility” and “Distributional Equality and Aggregate Utility: Reply.” Translated into Spanish and reprinted in Hacienda Publica Espanola, Ministerio de Hacienda, Instituto de Estudios Fiscales, No. 61, 1979.
“The Development of Clarence Ayres’s Theoretical Institutionalism” in (1) Henry W. Spiegel and Warren J. Samuels (eds.) Contemporary Economists in Perspective (Greenwich: JAI Press Inc., 1983); (2) Warren J. Samuels (ed.) Institutional Economics (Brookfield, VT: Edward Elgar Publishing Co., 1989).
“The Purposes of Private Treble Damages Suits: Deterrence and Compensation” (reprinted from Antitrust Penalty Reform: An Economic Analysis with Kenneth G. Elzinga), in Terry Calvani and John Siegfried (eds.) Economic Analysis and Antitrust Law, Second Edition (Boston: Little, Brown and Company, 1989).
“Economic Costs of Private Treble Damages Suits” (reprinted from Antitrust Penalty Reform: An Economic Analysis with Kenneth G. Elzinga), in Terry Calvani and John Siegfried (eds.) Economic Analysis and Antitrust Law, Second Edition (Boston: Little, Brown and Company, 1989).
“Fines: The Efficient Solution” (reprinted from The Antitrust Penalties, A Study in Law and Economics with Kenneth G. Elzinga in A Century of the Sherman Act: American Economic Opinion, 1890-1990, edited by Jack C. High and Wayne E. Gable, (Fairfax, VA, George Mason University Press, 1992).

May 2002