ABFM lost two of its most esteemed members in the last couple months. Both of these men contributed immensely through scholarship to the study of public sector finance, continuing the legacy established before them and instilling it forward in future generations of researchers and practitioners.
Bruce Wallin (1948-2011)
Dr. Wallin passed away from cancer on December 29, 2011. Since 1990, he served as Associated Professor in the School of Public Policy and Urban Affairs at Northeastern University in Boston, teaching courses in public finance, budgeting and American politics.
“Bruce always put students first,” said Chris Bosso, professor and associate dean of the School of Public Policy and Urban Affairs. “He cared deeply about their success, and he poured immense energy and time into ensuring that his students learned what he felt they needed to know to thrive in their careers, and as people.”
Dr. Wallin's career spanned more than 4 decades. Born in upstate New York and raised in Minnesota. Bruce attended Princeton University and the University of California at Berkeley, where he was mentored by Aaron Wildavsky.
Following a brief tenure in federal service, Dr. Wallin served on faculty at the University of Wisconsin at Madison and California State University at Fullerton, before solidifying his career at Northeastern.
"Bruce loved teaching," eulogized colleague and former student, Bart Hildreth. "He was helping to shape the future. It was truly his calling in life. Bruce touched the lives of so many students, not only when they were in his classroom, but well
John E. Petersen (1940-2012)
Dr. Wallin's book on federal revenue sharing was recognized by the American Political Science Association. He was a Fulbright Scholar in the Czech Republic and a visiting professor at Universities in Tokyo and Bangkok.
Dr. Wallin's pursuits also extended to his adopted neighborhood in Boston. He co-founded the West Roxbury Courthouse Neighborhood Association, volunteered as a youth soccer coach, and provided political commentary to local media outlets.
Bruce is survived by his wife, Vickie, and two daughters, Anne, and Eva, and sister, Barbara Lynch.
A fund has been established in Dr. Wallin's honor at Northeastern to help graduate student, primarily MPA student, with their internship expenses. Contributions can be sent to: Political Science Gift Fund (noting in memory of Bruce Wallin), Northeastern University, University Advancement, 118 CU, Northeastern University, Boston, MA 02115.
An appropriate panel will be named in Dr. Wallin's honor at ABFM's 2012 Conference.
Dr. John E. Petersen passed away April 4, 2012. Since 2002, he served as Professor of Public Policy at George Mason University.
Dr. Petersen was recognized as one of the leading experts on municipal finance, spending more than four decades consulting local, state and federal governments and agencies, here and abroad, on a variety of financial issues. He spent 18 years as Director of the Fiscal Policy Research Center for the Government Finance Officers Association, then founded the Government Finance Group in 1992, where he advised municipal governments on bond issuance.
"There is no one I know who understood public finance or the municipal market as well as John Petersen," said GFOA Executive Director and CEO Jeff Esser.
Born in Louisiana, John earned degrees from Northwestern University and the University of Pennsylvania. His professional experience started with the Federal Reserve Board.
A long-time resident of Northern Virginia, Dr. Petersen served a term on the Fairfax City Council in the early-1970's. He also served on local boards for economic development and historic revitalization.
Dr. Petersen published several works, including the recent "Oxford Handbook of State and Local Government Finance," co-edited with Rober Ebel. He received a Fulbright Distinguished Lecturer Award in 2009, spending a semester teaching at Yonsei University in South Korea
Last year, Dr. Petersen was recognized for his lifetime of achieve to public sector finance with the S. Kenneth Howard Award at the ABFM Conference in Washington, DC.
John is survived by his wife of 49 years, the former Mary Stuyvesant Livingston, of Fairfax City; three children, Elizabeth Schuyler Morgan of Alexandria, Asel of Falls Church, and his son, Virginia State Senator J. Chapman Petersen; one brother; and eight grandchildren.
Contributions in Dr. Petersen's memory made be made to George Mason University Foundation, 4400 University Drive, MS 1A3, Fairfax, VA 22030. Please note that your gift is in memory of John Petersen.