American Philosophical Society
Member History

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Residency
Resident (1)
Class
Subdivision
1Name:  Dr. William J. Baumol
 Institution:  New York University & Princeton University
 Year Elected:  1977
 Class:  3. Social Sciences
 Subdivision:  302. Economics
 Residency:  Resident
 Living? :   Deceased
 Birth Date:  1922
 Death Date:  May 3, 2017?
   
 
Economist William J. Baumol was born in 1922 in New York City. He received his B.S. from the College of the City of New York in 1942 and his Ph.D. from the University of London in 1949. Dr. Baumol was affiliated with Princeton University since 1949 as an assistant professor, associate professor, full professor and, senior economist and professor emeritus. He was also Harold Price Professor of Entrepreneurship and Academic Director of the Berkley Center for Entrepreneurial Studies at New York University's Stern School of Business. The author of more than 35 books and over 500 articles, Dr. Baumol was celebrated as an economic theorist, constructor of econometric models and business consultant. His honors and awards include eleven honorary degrees and membership in the British Academy, the American Academy of Arts & Sciences and the National Academy of Sciences. He was elected a member of the American Philosophical Society in 1977. The eleventh edition of his book (with A. Blinder) Economics: Principles and Policy was published in 2011. His book The Cost Disease: Why Computers Get Cheaper and Health Care Doesn't was published in 2012. Dr. Baumol died May 3, 2017, at the age of 95.
 
Election Year
1977 (1)