During the 1968 election, when I was 14, I became fascinated by politics. With my grandfather’s help, I began collecting political buttons from every presidential election in the 20th century and quite a few in the 19th. I also collected ephemera from significant gubernatorial and congressional races.

So, in 1971, when I heard that Ronald Reagan was giving a speech in Santa Barbara, my hometown, I gathered up all my Reagan buttons (plus a “Reagan Garter Girls” garter and a Reagan mirror) and drove to the hotel where he was speaking. Part of my enthusiasm for Reagan stemmed from his career before he entered politics. He had started as a sports announcer at a small radio station in rural Illinois; he’d been good enough as an actor to be a contender for the role of Rick Blaine in Casablanca; and, as head of the Screen Actors Guild, he declined to name names in his testimony before the House Un-American Activities Committee. Now, he was governor of the nation’s largest state.

I was a bit awed at meeting Reagan, but he put me at ease immediately. I kept my collection of Reagan buttons in a special case my grandfather had given me, and Reagan was happy to autograph it. Although I wasn’t aware of it at the time, a photographer from the local newspaper took our picture, and the paper published it.

At the time, that photo made me something of a social pariah. I was a junior at a high school made up almost exclusively of white, upper-middle-class kids, many of whom had taken part in a recent anti-war demonstration at the University of California, Santa Barbara. The demonstration had turned so violent that the local Bank of America was burned to the ground. My fellow students had little use for the right-wing governor who had called in a special riot squad to quell the disturbance, a move that resulted in the death of a student bystander. When the picture of Reagan and me ran in the local paper, many of my schoolmates assumed I was what they might have called a crypto-fascist. It didn’t matter that I also had buttons for Eugene McCarthy and the Kennedys. Oddly, the moment captured in the photograph turned out to be the first of several times my life intersected, ever so tangentially, with that of our 40th president.

Seven years later, when I was enrolled at Stanford Law School, my professor of legal economics and anti-trust philosophized at length about the strengths and weaknesses of the free market system. His name was William F. Baxter, and we called his economic theories “Baxternomics.” He unabashedly opposed most forms of governmental oversight (“regulation”) of the markets. Three years later, Reagan made him a key economic adviser. When I first heard the term Reaganomics, in 1981, it had a familiar ring.

At Stanford in the 1970s, professor Baxter preached that economics could win the Cold War without a