Overview

Public Finance: A Normative Theory, Fourth Edition provides a classic text on the normative theory of government policy. This valuable and accessible resource covers the welfare aspects of public economics, with considerable coverage of European examples. The work presents detailed and comprehensive coverage of theoretical literature, empirical work, environmental issues, social insurance, behavioral economics and international tax issues. The book is organized logically, written in an engaging manner, and is both sufficiently rigid for use by those with PhDs in math and accessible to students less well trained in math.

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9780128228647

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Reviews

...a detailed introduction to theoretical work on many of the core issues in contemporary public economics. Careful and comprehensive, it will provide readers with an ideal springboard to further research. James M. Poterba, Mitsui Professor of Economics, Massachusetts Institute of Technology, Cambridge, USA ... outstanding in the breadth of its coverage, in the quality of exposition, and in the balance between theory and policy... especially good at melding newer approaches to the normative study of the public sector with traditional ones. Robin Boadway, Queen's University in Kingston, Ontario, Canada I have hoped for years that Richard Tresch would revise his Public Finance text. This volume is well worth the wait. It is comprehensive, up-to-date, and very clearly written. It is a natural reading for a graduate course in public finance. It will also serve as a fine reference for specialists in the field. Harvey Rosen, Department of Economics, Princeton University, Princeton, USA

"""...a detailed introduction to theoretical work on many of the core issues in contemporary public economics. Careful and comprehensive, it will provide readers with an ideal springboard to further research."" --James M. Poterba, Mitsui Professor of Economics, Massachusetts Institute of Technology, Cambridge, USA ""... outstanding in the breadth of its coverage, in the quality of exposition, and in the balance between theory and policy... especially good at melding newer approaches to the normative study of the public sector with traditional ones."" --Robin Boadway, Queen's University in Kingston, Ontario, Canada ""I have hoped for years that Richard Tresch would revise his Public Finance text. This volume is well worth the wait. It is comprehensive, up-to-date, and very clearly written. It is a natural reading for a graduate course in public finance. It will also serve as a fine reference for specialists in the field."" --Harvey Rosen, Department of Economics, Princeton University, Princeton, USA"

Author Information

Richard Tresch earned a bachelor’s degree in 1965 from Williams College and a doctorate in economics in 1973 from the Massachusetts Institute of Technology, where he was a teaching assistant prior to joining Boston College. He joined the Boston College faculty in 1969, and during his 49-year-long career in the college, Dr. Tresch has served as the Chairman of the Department of Economics, Director of Graduate Studies, and Director of Undergraduate Studies. Currently, he is Professor Emeritus of Economics at Boston College. In 1996, he was chosen as the Massachusetts Professor of the Year by the Carnegie Foundation for the Advancement of Teaching. He was one of 585 national entrants in the foundation’s U.S. Professors of the Year Program, which salutes outstanding undergraduate instructors, with the award recognized as one of the most prestigious honors to be bestowed on professors. Dr. Tresch, a member of the American Economic Association, has served on the board of editors of the American Economic Review and contributed to the New England Journal of Business and Economics and Public Finance. Moreover, he is the editor of a fourvolume major reference work on public sector economics.

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