Baumol, William

Baumol, William (Jack)

(1922–  ) economist; born in New York City. Best known for his work distinguishing sales maximization from profit maximization in industry, he was also known for his clear transcription of business management and operations language into economic terms. He taught briefly at the London School of Economics (1947–49) before joining the faculty at Princeton University. Beginning in 1971 he held a joint appointment with New York University.
The Cambridge Dictionary of American Biography, by John S. Bowman. Copyright © Cambridge University Press 1995. Reproduced with permission.
References in periodicals archive ?
Baumol, William J., Sue Anne Batey Blackman and Edward N.
Baumol, William; Batey-Blackman, Sue & Wolff, Edward (1985).
Baumol, William J., Business Behavior, Value and Growth (New York: Macmillan, 1959).
Baumol, William. "Entrepreneurship, Productive, Unproductive, and Destructive," Journal of Political Economy, 98, 5, October 1990.
Baumol, William J., The Free-Market Innovation Machine: Analyzing the Growth Miracle of Capitalism.
Baumol, William. "Macroeconomics of Unbalanced Growth: The Anatomy of Urban Crisis." American Economic Review, May 1967, 415-26.
Baumol, William J., "Horizontal Collusion and Innovation," The Economic Journal, 102:410, 1992, 129-137.
Baumol, William J., 1968, On the Social Rate of Discount, American Economic Review, 58: 770-790.
Baumol, William J., Robert Litan, and Carl Schramm.
Baumol, William. "Entrepreneurship in Economic Theory." American Economic Review, May 1968, 64-71.
Baumol, William J.; Blackman, Sue Anne Batey; and Wolff, Edward N.