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P.J. Hill (P.J.Hill@wheaton.edu)
George F. Benett Professor of Economics

Education

Ph.D., Economics, University of Chicago, 1970

B.S., Agricultural Economy, Montana State University, 1964

 
Professional and Personal Interests
The economics profession is giving increased attention to the institutional structure of societies and to the success or failure of various rules as means of securing coordination and cooperation. Hill's research has focused on institutions and their development, especially on the frontier in the American West. He has examined homestead laws, the way cattle drives from Texas were organized, the institutional structure of mining camps in California, wagon train governance, and the evolution of western water law. He has also worked on the interface of property rights and environmental issues.

Hill also maintains an ongoing interest in the West through his cattle ranch in Montana. He and his wife Lois spend summers in Bozeman, Montana, where he splits his time between ranch work and research at a think-tank, PERC, that works on property rights and environmental issues. The Hill's oldest daughter and her husband also live on the cattle ranch so some of his time is spent teaching his two granddaughters to ride, rope, and fix fence.


Courses Taught
  • Principles of Microeconomics
  • Environmental Economics
  • Public Choice and Constitutional Economics
  • American Economic History
  • Comparative Economic Systems
  • Public Policy

Membership in Professional Societies
  • American Economics Association
  • Economic History Association
  • Western Economics Association
  • Southern Economics Association
  • Cliometrics Society
  • Public Choice Society
  • Mont Pelerin Society
  • Association of Private Enterprise Education

Research
Individual:
  • Theory of property rights and their evolution
  • History of the American West
  • Environmental and natural resource issues
  • U.S. constitutional history

Papers Published and/or Presented

Selected Papers and Presentations

  • Hill, P.J., "Public Choice: A Review."  Faith and Economics, Fall 1999.
  • Hill, P.J., and Terry L. Anderson,  "Property Rights in the American West: The Tragedy of the Commons or the Tragedy of Transaction Costs?" Public Choice Interpretations of American Economic History, edited by Jac C. Heckelman, John C. Moorhouse, and Robert M. Whaples. (Kluwer, 2000).   
  • Hill, P.J., "Environmental Theology: A Judeo-Christian Defense," Markets and Morality, Fall 2000.
  • Hill, P.J., "The Best Idea? Debating the Past & Future of the National Parks," Panel Discussion, The Howard R. Lamar Center for the Study of Frontiers and Borders, Yale University, September, 2001.
  • Hill, P.J., and Terry L. Anderson, "The Evolution of Property Rights," Property Rights: Contract, Conflict, and Law, edited by Terry L. Anderson and Fred S. McChesney. (Princeton University Press, 2002).
  • Hill, P.J., and Terry L. Anderson, "Cowboys and Contracts," Journal of Legal Studies, forthcoming.
  • Hill, P.J., "What is so Special About the Farm?" Agricultural Policy and the Environment, edited by Roger E. Meiners and Bruce Yandle, Rowman & Littlefield, forthcoming.
  • Hill, P.J., and Terry L. Anderson, "Property Rights in Emerging Economies; Lessons from the American West," Invited plenary address, Association of Private Enterprise Annual Meeting, March, 2002.
  • Hill, P.J., and Terry L. Anderson, "Government Intervention and Its Cascading Effects on Water Policy," Invited paper, Association of Private Enterprise Annual Meeting, 2002.
  • Hill, P.J., Who Owns the Environment?  edited with Roger Meiners. (Rowman and Littlefield, 1998).
  • Hill, P.J., The Technology of Property Rights, edited with Terry L. Anderson. (Rowman and Littlefield, 2001).

Faculty Continued: Dr. Seth Norton