Book by Herrington J. Bryce ’66 PhD (Econ) addresses burdens on government, in light of infrastructure and environmental needs

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Herrington J. Bryce’s new book, Nonprofits as Policy Solutions to the Burden of Government, has been published by De Gruyter, an independent academic publisher.The book is addressed to policymakers and administrators at all levels of government who are faced with growing needs for large expenditures particularly in infrastructure and other hard assets but a diminishing capacity or willingness to finance these through compulsory taxes and larger and larger governments.  It highlights the essential design of nonprofits that can effectively, efficiently, and equitably reduce this burden and in some cases completely take it over.  It shows that these innovative and independent nonprofits are allowed within current law and practice and that they may do so alone or in a variety of collaborative modes. Bryce is Life of Virginia Professor of Business at the College of William and Mary, where he teaches corporate financial strategy, corporate cost and profit-planning, and nonprofit finance and management.

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