was married three times and divorced twice. In 1953, he married former Brown University psychology professor Sally Hornbogen Peterson, a trustee of the Dalton School and a graduate of Northwestern University, with whom he had four sons: John Scott Peterson, James Jim Peterson, David Peterson and Michael Alexander Peterson; and one daughter, the writer Holly Peterson. They divorced in 1979. The following year, Peterson married Joan Ganz Cooney, the co-creator of the popular American educational children's television series Sesame Street. In his autobiography he recalled his business and private life in which he blamed himself for the failure of two of his three marriages but expressed pride for having grown close to his children. Peterson died on March 20, 2018, of natural causes at his Manhattan apartment home at the age of 91. He is survived by his children, his wife Joan, and nine grandchildren. Honors In 1962, Peterson received the Golden Plate Award of the American Academy of Achievement. In recognition of his support, the influential Peterson Institute for International Economics was named in his honor in 2006. In 2006, Peterson was honored with the Woodrow Wilson Award for Corporate Citizenship by the Woodrow Wilson International Center for Scholars of the Smithsonian Institution. The same year he was elected as a fellow of the American Academy of Arts and Sciences. Writings "Why I’m Giving Away $1 Billion", Newsweek, May 30, 2009 "You Can't Take It with You", Newsweek, April 7, 2008 "Old habits must change", The Banker, 3 January 2005 Articles published in "Foreign Affairs" 1994–2004. Books Facing Up: How to Rescue the Economy from Crushing Debt and Restore the American Dream. Simon & Schuster; First Edition (November 8, 1993). Will America Grow up Before it Grows Old: How the Coming Social Security Crisis Threatens You, Your Family and Your Country. Random House; 1 edition (October 8, 1996). Gray Dawn: How the Coming Age Wave Will Transform America—and the World. Three Rivers Press (September 26, 2000). On Borrowed Time: How the Growth in Entitlement Spending Threatens America's Future with Neil Howe. Transaction Publishers (May 1, 2004). Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It. Picador (June 16, 2005). The Education of an American Dreamer: How a Son of Greek Immigrants Learned His Way from a Nebraska Diner to Washington, Wall Street, and Beyond. Twelve (June 8, 2009).