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William J. Baumol
William J. Baumol

William J. Baumol (1922–2017) was Professor of Economics and Director of the C.V. Starr Center for Applied Economics at New York University and Senior Research Economist and Professor of Economics Emeritus at Princeton University. He received his Ph.D. in economics from the University of London.

Professor Baumol is the author of more than 400 articles published in scholarly journals, and his books include Economic Dynamics (with R. Turvey), Welfare Economics and the Theory of the State, Economic Processes and Policies (with L.V. Chandler), Business Behavior, Value and Growth, What Price Economic Growth? (with Klaus Knorr), Economic Theory and Operations Analysis, The Stock Market and Economic Efficiency, Performing Arts: The Economic Dilemma (with W.G. Bowen), Precursors in Mathematical Economics: An Anthology (with S.M. Goldfeld), Portfolio Theory: The Selection of Asset Combinations, Economics of Academic Libraries (with M. Marcus), The Theory of Environmental Policy (with W.E. Oates), Selected Economic Writings of William J. Baumol (E.E. Bailey, ed.), Economics, Environmental Policy, and the Quality of Life (with W.E. Oates and S.A. Batey Blackman), Economics: Principles and Policy (with A.S. Blinder), Public and Private Enterprise in a Mixed Economy, Contestable Markets and the Theory of Industry Structure (with R.D. Willig and J.C. Panzar), Inflation and the Performing Arts (ed. with H. Baumol), Productivity Growth and U.S. Competitiveness (ed. with K. McLennan), Superfairness: Applications and Theory, Microtheory: Applications and Origins, The Information Economy and the Implications of Unbalanced Growth (with L. Osberg and E.N. Wolff), Productivity and American Leadership: The Long View (with S.A. Batey Blackman and E.N. Wolff), The Economics of Mutual Fund Markets: Competition vs. Regulation (with S.M. Goldfeld, L.A. Gordon and M.F. Koehn), Perfect Markets and Easy Virtue: Business Ethics and the Invisible Hand (with S.A. Batey Blackman), Entrepreneurship, Management and the Structure of Payoffs, Toward Competition in Local Telephony (with Gregory Sidak), Convergence of Productivity: Cross-National Studies and Historical Evidence (ed. with R.R. Nelson & E.N. Wolff), Transmission Pricing and Stranded Costs in the Electric Power Industry (with Gregory Sidak), Assessing Educational Practices: The Contribution of Economics (ed. with W.E. Becker), and Microeconomics: Principles and Policy (ed. with A.S. Blinder).



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