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Public Finance: A Normative Theory
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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.
Tresch, Richard W.: - 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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