Author: <a href="https://imprimis.hillsdale.edu/author/jpetergrace/" target="_blank">J. Peter Grace</a>

Author: J. Peter Grace

J. Peter Grace is chairman and chief executive officer of W. R. Grace & Co., a New York corporation dealing primarily with chemicals, natural resources and consumer-oriented businesses. Mr. Grace has held his position at W. R. Grace for more than four decades, the longest tenure for a chief executive officer of any major industrial concern. Throughout his career, Mr. Grace has maintained an active role in public affairs. A registered Democrat, he has served as a bipartisan advisor to Presidents Eisenhower, Kennedy and Reagan. His most recent assignment was as head of the President’s Private Sector Survey on Cost Control, popularly known as the Grace Commission. He presented this paper at Hillsdale College during the April 1987 Ludwig von Mises Lecture Series, “Privatization: Some Practical Applications and Prescriptions.”

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