William Baumol

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William Baumol
Born (1922-02-26)February 26, 1922
New York City, New York, United States
Died May 4, 2017(2017-05-04) (aged 95)
New York City, New York, United States
Nationality United States
Alma mater London School of Economics (Ph.D. 1949)
College of the City of New York (B.Sc. 1942)
Precursors in mathematical economics, 1968

William Jack Baumol (February 26, 1922 – May 4, 2017) was an American economist. He was a professor of economics at New York University. He was also a retired professor at Princeton University. Baumol has written many books about labor market and other issues that affect the economy.[1][2]

Baumol died on May 4, 2017 in New York City at the age of 95.[3]

References[change | change source]

  1. Baumol, W. J. (1972). "On Taxation and the Control of Externalities". American Economic Review 62 (3): 307–322.
  2. Eliasson, Gunnar and Magnus Henrekson, (2004). "William J. Baumol: An Entrepreneurial Economist on the Economics of Entrepreneurship". Small Business Economics 23 (1): 1–7. http://swopec.hhs.se/hastef/abs/hastef0532.htm. Retrieved October 14, 2013.
  3. Timothy B. Lee (May 4, 2017). "William Baumol, whose famous economic theory explains the modern world, has died". Vox. https://www.vox.com/new-money/2017/5/4/15547364/baumol-cost-disease-explained. Retrieved May 4, 2017.

Other websites[change | change source]