Peggy Richman née Brewer, later Musgrave (1924 - 2017) was a British-American public finance scholar and economist. She was known for her work on taxation of foreign investments.
Peggy Musgrave | |
|---|---|
| Born | January 3, 1924 |
| Died | August 18, 2017 (aged 93) |
| Other names | Peggy (Brewer) Richman, Peggy B. Richman, Peggy B. Musgrave |
| Spouse(s) | Bennet B. Richman, Richard Musgrave |
| Children | 3 |
| Academic background | |
| Alma mater | Johns Hopkins University |
| Thesis | Economic aspects of the taxation of foreign-earned business income (1962) |
Education and career
editMusgrave started her undergrad studies at Cambridge University but was interrupted by the second world war. She completed her B.A. and M.A. in economics at American University in Washington, D.C..[1] In 1962 she received her Ph.D. from Johns Hopkins University,[2] and she received an award from the Ford Foundation for her Ph.D. dissertation.[3]
Musgrave's academic career began as a research associate at Columbia University working with Carl Shoup. She taught international economics at the University of Pennsylvania and she was appointed as an assistant professor. She was part of the International Tax Program at Harvard Law School. She moved to Northeastern University in 1968 and by 1978 was a professor of economics. She also held the Ford research professor position at the University of California, Berkeley in 1977.[4] She taught at Vassar College prior to moving to the University of California, Santa Cruz to take a position as a professor of economics in 1980.[5] She was named provost of the University of Santa Cruz's Crown College in 1986,[6] the first woman to hold the position of provost of Crown College.[7] She stepped down as provost in 1988.[8]
Work
editMusgrave is known for her work on international taxation and public finance. Musgrave is credited with the development of ideas centered on International taxation, especially on the United States' taxation of foreign investments which she established during her Ph.D. work.[9] She spoke to the United States Senate about overseas investments and in the impact on the national economy.[10]
The International Institute of Public Finance created the “Peggy and Richard Musgrave Prize” in 2003.[11]
Selected publications
edit- Musgrave, Richard Abel; Musgrave, Peggy B. (1989). Public Finance in Theory and Practice. New York: McGraw-Hill Book Co. ISBN 978-0-07-044127-9. [12]
- Musgrave, Peggy B. (1969). United States Taxation of Foreign Investment Income. ISBN 978-0-915506-10-1. [13]
Personal life
editShe was the daughter of the British author Herbert Rogers Everard Brewer and his wife Blanche Rebecca, née Wedlock. Her first marriage after the Second World War was to the American Bennett B. Richman (1912-1989). This marriage resulted in two sons, Roger and Thomas. Her second marriage was to Richard Abel-Musgrave (1910–2007) she married around the mid-1960s. This marriage resulted in a daughter, Pamela.
Musgrave's second husband, Richard Musgrave, was also an economist.[14]
References
edit- ^ "Peggy B. Musgrave (1924-2017)" (PDF). University of California, Santa Cruz. Archived (PDF) from the original on March 31, 2023.
- ^ Kaul, Inge; Conceicao, Pedro (2006-02-23). The New Public Finance: Responding to Global Challenges. Oxford University Press. ISBN 978-0-19-977083-0.
- ^ "Maryland Scholars Get Fellowships". Cumberland Evening Times. 1961-06-16. p. 10. Retrieved 2024-04-28.
- ^ Musgrave, Richard A.; Musgrave, Peggy (1978-10-09). "Tax policy - crucial in determining the economic outlook of the United States". The Peninsula Times Tribune. p. 11. Retrieved 2024-04-28.
- ^ Townsend, Sylvia (17 June 1980). "UCSC to open public finance graduate program in fall". Santa Cruz Sentinel. Retrieved 2024-04-28.
- ^ "New provost for Crown at UCSC". Santa Cruz Sentinel. 1986-09-26. p. 5. Retrieved 2024-04-28.
- ^ Gaura, Maria (1988-04-17). "Crown College marks 20 years". Santa Cruz Sentinel. p. 2. Retrieved 2024-04-28.
- ^ Cackler, Jamie S. (1988-12-21). "Provost quits after UCSC flap". Santa Cruz Sentinel. pp. [1], [2]. Retrieved 2024-04-28.
- ^ Becker, Johannes; Fuest, Clemens (2011). "The taxation of foreign profits — The old view, the new view and a pragmatic view". Intereconomics. 46 (2): 92–97. doi:10.1007/s10272-011-0369-4. ISSN 0020-5346.
- ^ Crittenden, Ann (1976-02-23). "Slight U.S. Drain Seen In Investment Overseas". The New York Times. Retrieved 2024-04-28.
- ^ "International Institute of Public Finance - Peggy and Richard Musgrave Prize". www.iipf.org. Retrieved 2024-04-28.
- ^ Review of Public Finance in Theory and Practice
- Hansen, Bent (1975). "Review of Public Finance in Theory and Practice". Journal of Economic Literature. 13 (1): 78–80. ISSN 0022-0515. JSTOR 2722234.
- Conrad, Jon M. (1974). "Review of Public Finance in Theory and Practice". American Journal of Agricultural Economics. 56 (2): 465–466. doi:10.2307/1238795. ISSN 0002-9092. JSTOR 1238795.
- Whalley, John (1975). "Review of Public Finance in Theory and Practice". Economica. 42 (167): 341–342. doi:10.2307/2553841. ISSN 0013-0427. JSTOR 2553841.
- ^ Reviews of United States Taxation of Foreign Investment Income
- Shoup, Carl S. (1971). "Review of United States Taxation of Foreign Investment Income". FinanzArchiv / Public Finance Analysis. 30 (1): 159–160. ISSN 0015-2218. JSTOR 40910828.
- Wilford, Walton T. (1970). "Review of United States Taxation of Foreign Investment Income: Issues and Arguments". The Journal of Finance. 25 (4): 993–995. doi:10.2307/2325466. ISSN 0022-1082. JSTOR 2325466.
- Eldridge, Douglas H. (1964). "Review of Taxation of Foreign Investment Income: An Economic Analysis". The American Economic Review. 54 (5): 816–819. ISSN 0002-8282. JSTOR 1818610.
- ^ Walsh, Mary Williams (2007-01-20). "Richard A. Musgrave, 96, Theoretician of Public Finance, Dies". The New York Times. Retrieved 2024-04-28.