Richard musgrave theory of public finance


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    Richard Musgrave (economist)

    German-American economist (1910–2007)

    For other people named Richard Musgrave, see Richard Musgrave (disambiguation).

    Richard Abel Musgrave (December 14, 1910 – January 15, 2007) was an American economist of German heritage.[1] His most cited work is The Theory of Public Finance (1959), described as "the first English-language treatise in the field,"[2] and "a major contribution to public finance thought."[3]

    Biography

    Early life

    Musgrave was born in Königstein im Taunus, Germany, into the family of a writer and translator Curt Abel Musgrave, a chemist by profession.

    His paternal grandfather (professor of linguistics at the Berlin Humboldt Institute Carl Abel) and maternal grandmother were Jewish but converted to Christianity.[4] He turned from the field of literature, with an interest in becoming a stage director, to philosophy and economics at the Universities of Munich and Heidelberg (Diplom-Volk