Thomas T. Nagle
Thomas T. Nagle is a renowned author, best known for his works on the financial accounting and economics of trade. In a career that now spans over 40 years, Nagle has been identified with several of the seminal ideas and approaches in economics, finance and management accounting. He is best known for his publication, the popular text 'The Strategy and Tactics of Pricing'.
Nagle began his career as a graduate student at Penn State University, eventually becoming an influential professor of economics. In 1979, he became an assistant professor at Penn State, and in the years that followed, he was also a visiting professor at Stanford and Harvard. During his teaching career, Nagle developed his unique approach to accounting and economics, one that focusses on the strategy and tactics of pricing.
Nagle has authored many books, articles and monographs on pricing and works with both private companies and government organisations. His first major publication was a co-authored textbook on economic analysis, 'Managerial Accounting: Principles and Applications'. It has become a standard reference in the teaching of managerial accounting and has been used by multiple generations of accounting and economics students.
Nagle has also written several other popular books, including 'Essentials of Managerial Accounting' (1993), 'Cost and Managerial Accounting: A Strategic Approach' (1996), 'The Strategy and Tactics of Pricing' (4th ed. 2009), and 'The Strategy and Tactics of Pricing: A Guide to Growing More Profitably' (2017). Besides these well-known books, Nagle has also written many pieces for academic journals such as the 'Harvard Business Review', the 'European Financial Review', and the 'Journal of Business Economics'.
In 2006, Nagle co-authored 'Pricing: Making Profitable Decisions', a book written in collaboration with American author Jim Holden. This book has become a valuable source of knowledge for pricing strategy and adds yet another dimension to Nagle's work. A highly acclaimed expert in price optimization, Nagle also does consulting work with companies, helping them build pricing models and develop pricing strategies. The insights from his professional activities are used in his books and articles.
Nagle is highly respected in the world of economics, a fact greatly reinforced by the numerous awards he has received, including the Best Paper Award from the Society for Management Accounting, Best Paper Award from the American Accounting Association, and the Association of Certified Professional Accountants' Outstanding Teacher Award.
Today, Thomas Nagle is an active member of the academic community, writing books, articles and monographs and participating in seminars and conferences worldwide. His passion for pricing, strategy and accounting has benefitted countless readers, researchers and students. He is a testament that knowledge and hard work have the ability to make a lasting impact.