Background
Weisbrod, Burton Allen was born on February 13, 1931 in Chicago, Illinois, United States. Son of Leon H. and Idelle C. (Chernoff) Weisbrod.
(Mission and Money goes beyond the common focus on elite u...)
Mission and Money goes beyond the common focus on elite universities and examines the entire higher education industry, including the rapidly growing for-profit schools. The sector includes research universities, four-year colleges, two-year schools, and non-degree-granting career academies. Many institutions pursue mission-related activities that are often unprofitable and engage in profitable revenue raising activities to finance them. This book contains a good deal of original research on schools' revenue sources from tuition, donations, research, patents, endowments, and other activities. It considers lobbying, distance education, and the world market, as well as advertising, branding, and reputation. The pursuit of revenue, while essential to achieve the mission of higher learning, is sometimes in conflict with that mission itself. The tension between mission and money is also highlighted in the chapter on the profitability of intercollegiate athletics. The concluding chapter investigates implications of the analysis for public policy.
http://www.amazon.com/gp/product/0521735742/?tag=2022091-20
(Mission and Money: Understanding the University 1st (firs...)
Mission and Money: Understanding the University 1st (first) Edition by Weisbr...
http://www.amazon.com/gp/product/B00E283TEU/?tag=2022091-20
( Nonprofit organizations are all around us. Many people...)
Nonprofit organizations are all around us. Many people send their children to nonprofit day-care centers, schools, and colleges, and their elderly parents to nonprofit nursing homes; when they are ill, they may well go to a nonprofit hospital; they may visit a nonprofit museum, read the magazine of the nonprofit National Geographic Society, donate money to a nonprofit arts organization, watch the nonprofit public television station, exercise at the nonprofit YMCA. Nonprofits surround us, but we rarely think about their role in the economy, or the possibility of their competing unfairly with private enterprise. Burton Weisbrod asks the important questions: What is the rationale for public subsidy of nonprofit organizations? In which sectors of the economy are they of real importance? Why do people contribute money and time to them and why should donations be tax deductible? What motivates managers of nonprofits? Why are these organizations exempt from taxes on income, property, and sales? When the search for revenue brings nonprofits into competition with proprietary firms--as when colleges sell computers or museum gift shops sell books and jewelry--is that desirable? Weisbrod examines the raison d'être for nonprofits. The evidence he assembles shows that nonprofits are particularly useful in situations where consumers have little information on what they are purchasing and must therefore rely on the probity of the seller. Written in a clear, direct style without technicalities, The Nonprofit Economy is addressed to a broad audience, dealing comprehensively with what nonprofits do, how well they do it, how they are financed, and how they interact with private enterprises and government. At the same time, the book presents important new evidence on the size and composition of the nonprofit part of the economy, the relationship between financial sources and outputs, and the different roles of nonprofits and for-profit organizations in the same industries. The Nonprofit Economy will become a basic source for anyone with a serious interest in nonprofit organizations.
http://www.amazon.com/gp/product/0674626265/?tag=2022091-20
Weisbrod, Burton Allen was born on February 13, 1931 in Chicago, Illinois, United States. Son of Leon H. and Idelle C. (Chernoff) Weisbrod.
Bachelor of Science, University Illinois, 1951. Master of Arts in Economics, Northwestern University, 1952. Doctor of Philosophy, Northwestern University, 1958.
Lecturer economics Northwestern University, Evanston, Illinois, 1954-1955. Instructor economics Carleton College, Minnesota, 1955-1957, Washington University, St. Louis, 1957-1958, assistant professor economics, 1958-1962, associate professor economics, 1962-1964. Visiting associate professor Princeton (New Jersey) University, 1962-1963.
Senior staff member Council of Economic Advisers, President United States, 1963-1964. Associate professor department economics University Wisconsin, Madison, 1964-1966, professor, 1966-1991, Evjue-Bascom professor economics, 1985—1991. Director Center for Urban Affairs and Policy Research Northwestern University, Evanston, Illinois, 1990-1995, John Evans professor economics, since 1990.
Visiting professor State University of New York, Binghamton, 1972. Senior Fulbright lecturer University Autonoma de Madrid, summer, 1970. Visiting professor Yale University, 1976-1977.
Ziskind visiting professor Brandeis University, 1982-1983. Visiting scholar, Brotman fellow J.F. Kennedy School, Harvard University, 1982-1983. Teaching fellow Australian National University, 1986.
Member research advisory committee Economic Development Administration, United States Department Commerce, 1967-1969. Member advisory committee Commission on Private Philanthropy and Public Needs, 1973-1975. Consultant various federal and state government agencies, since 1964.
Also International Business Machines Corporation, Economic Council Canada, 1969, 71, 76, 78. Member board economic advisory Public Interest Economics Center, 1973-1986. Member advisory committee medical care and medical economics to 3d National Cancer Survey, 1969-1971.
United States delegate United Nations World Population Conference, Belgrade, Yugoslavia, 1965. Board directors National Bureau Economic Research, Inc., 1979-1990. Visiting scholar Phi Beta Kappa Society, 1998-1999.
Member national research resources council National Institutes of Health, 1999-1903. Member panel on nonmarket activity National Research Council, 2002-2004. Chair committee on philanthropy and the nonprofit sector Social Science Research Council, 2002-2004.
Member Internal Revenue Service stats income division Users Advisory Group, since 2004.
(Mission and Money goes beyond the common focus on elite u...)
(Mission and Money: Understanding the University 1st (firs...)
( Nonprofit organizations are all around us. Many people...)
Author: Economics of Public Health, 1961, External Benefits of Public Education, 1964, (with W. Lee Hansen) Benefits, Costs, and Finance of Public Higher Education, 1969, (with Ralph L. Andreano) American Health Policy, 1974, The Voluntary Nonprofit Sector: An Economic Analysis, 1978, (with Joel F. Handler and Neil K. Komesar) Public Interest Law: An Economic and Institutional Analysis, 1978, (with Jeffrey Ballou and Evelyn Asch) Mission and Money: Understanding the University, 2008. Contributing author: (with others) Disease and Economic Development: The Case of Parasitic Diseases in St. Lucia, West Indies, 1974, Economics and Medical Research, 1983, The Nonprofit Economy, 1988. Editor (with James Worthy) The Urban Crisis, 1997.
Author, editor: To Profit or Not to Profit, 1998. Contributor nearly 200 articles on economics of education, program evaluation, health care and economics of private non-profit sector to professional journals. Member editorial board: Journal Human Resources, 1966-1986, International Journal Social Econs, since 1972, Journal Public Econs, 1971-1987, Public Finance Review, since 1990, Nonprofit and Voluntary Sector Quarterly, since 1997.
Associate editor: Public Finance Quar, 1972-1987.
Welfare economics — theoretic and applied — attracted me to economics. From this base it was natural to direct my research to areas such as education and medical care which, involving both investments in human capital and powerful distributional equity considerations, have become central focusses of governmental policy. Research included studies on external effects of education, and various works within a benefitcost analytic framework — sometimes theoretic, focussing on the role of distributional weights, and sometimes applied, as on the evaluation of polio research.
In the last decade my research on the economics of health has increased, much of it continuing to focus on programme evaluation and the economics of medical research. At the same time I have broadened my public sector focus to encompass other ‘nonmarket’ institutions, particularly the private ‘nonprofit’ sector. The actual and the efficient roles of various types of institution — private market, governmental, and private nonprofit — have become a major interest.
Questions on which I have been focussing include: the rationale for public subsidies to nonprofits, the nature of systematic differ
ences in economic behaviour across institutional types, and the forces leading to the existence of ‘mixed’ industries such as hospitals, day care centres, and schools — in which two or more ownership-types of institution coexist.
Fellow American Association for the Advancement of Science. Member American Economic Association (executive committee 1975-1977, committee status of association journals 1973-1974, chairman budget committee 1977), Midwest Economics Association (president 1980-1981), National Academy of Sciences Institute Medicine, Public Choice Society, International Institute Public Finance, American Association of University Professors (executive committee Washington University chapter 1961-1962).
Married Shirley Lindsay, December 23, 1951. Children: Glen, Linda.