William Baumol was a professor of economics at New York University, Academic Director of the Berkley Center for Entrepreneurship and Innovation, and Professor Emeritus at Princeton University.
10 Facts About William Baumol
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William Baumol was a prolific author of more than eighty books and several hundred journal articles.
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William Baumol made significant contributions to the theory of entrepreneurship and the history of economic thought.
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William Baumol was elected a Fellow of the American Academy of Arts and Sciences in 1971, the American Philosophical Society in 1977, and the United States National Academy of Sciences in 1987.
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William Baumol studied at the City College of New York and was awarded his bachelor's degree in 1942.
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William Baumol was initially denied entry to the doctoral studies at the London School of Economics and was instead admitted to the Master's program.
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William Baumol contributed to the transformation of the field of finance, and published contributions to the areas of efficiency of capital markets, portfolio theory, and capital budgeting.
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William Baumol wrote several textbooks in economics, including an introductory textbook with Alan Blinder titled Macroeconomics: Principles and Policy.
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William Baumol was a trustee of Economists for Peace and Security.
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William Baumol was known for his interests in the economics of art, including the economics of the performing arts.