Curriculum Vitae


Born February 26, 1922, New York, NY
Married, two children

BSS College of the City of New York, 1942
Ph.D University of London, 1949

1942-1943 and 1946: Junior Economist, U.S. Dept. of Agriculture

1947-49: Assistant Lecturer, London School of Economics

1949-92: Professor of Economics, Princeton University

1992-current: Senior Research Economist and Professor of Economics, Emeritus, Princeton University

1971-current: Professor of Economics and Director, C.V. Starr Center for Applied Economics, New York University


1953 Fellow, Econometric Society

1957-58 Guggenheim Fellow

1960-70 Trustee, Rider College

1965 Honorary LL.D, Rider College (Trustee Emeritus)

1965-66 Ford Faculty Fellowship

1970 Honorary Fellow, London School of Economics

1971 Honorary Doctorate, Stockholm School of Economics

1973 Honorary Doctor of Humane Letters, Knox College

1973 Honorary Doctorate, University of Basel

1975 John R. Commons Award, Omicron Delta Epsilon

1975 Townsend Harris Medal, Alumni Association of the City College of New York

1982 Distinguished Fellow, American Economic Association

1984 Distinguished Member, Economic Association of Puerto Rico

1986 Winner, Assoc. of American Publishers Award for Best Book in Business, Management and Economics, Superfairness: Applications and Theory

1987 Recipient, Frank E. Seidman Distinguished Award in Political Economy

1988 Joseph Douglas Green 1895 Professor of Economics, Princeton University

1989 Winner, Assoc. of Am. Publishers Annual Awards for Excellence in Publishing, Honorable Mention in Social Sciences, Productivity and American Leadership: The Long View

1992 Recipient, First Senior Scholar in the Arts and Sciences Award, New York University

1996 Honorary Degree, University of Limburg, Maastricht, Holland

1996 Honorary Professorship, University of Belgrano, Buenos Aires, Argentina


Member, Committee to set up the Don Patinkin School of Economics, Hebrew University of Jerusalem

Chairman, Harvard University Visiting Committee, Dept. of Economics, 1995

Member, American Philosophical Society

Member, Advisory Board, Insurance Information Institute Press

Chairman, Overseers' Committee to Visit the Dept. of Economics, Harvard University

Member, Advisory Board, Journal of Economic Perspectives

Member, Editorial Board, Journal of Cultural Economics

Principal Investigator, Students at Risk Comm., Inst. for Education & Social Policy

Member, Advisory Committee, World Resources Institute (founding member)

Member, Editorial Advisory Board, Supreme Court Economic Review

Member, Board of Trustees, Joint Council on Economic Education

Member, Advisory Committee, Center for Entrepreneurial Studies, Graduate School of Business Administration, New York University

Member, Board of Directors, Theater Development Fund

Member, National Science Foundation review panel for Science and Technology Research Centers

Member, Advisory Board, Fishman-Davidson Center for the Study of the Service Sector, Wharton School, University of Pennsylvania

Member, National Academy of Sciences

Correspondent, Committee on Human Rights, National Academy of Sciences

Member, Committee on the National Institute for the Environment, National Academy of Sciences

Member, Board of Consultants, Economia, Revista Quadrimestral (Portugal)

Member, American Academy of Arts and Sciences

Member, Executive Committee, V.P. (1966-67), American Economic Association

Past President, American Economic Association (1981), Association of Environmental and Resource Economists (1979), Eastern Economic Association (1978-79), Atlantic Economic Society (1985)

Past Chairman and Member, Economic Policy Council, State of New Jersey (1967-75)

Past Vice President, American Association of University Professors

Past Vice President, AAUP (1968-70) and Chairman, Committee on Economic Status of the Profession (1962-70)

Various times on Boards of Editors for American Economic Review, Kyklos, Journal of Economic Literature, Management Science, Economic Notes (Italy), Journal of Economic Education, Impresa e Concorrenza (Italy) THESIS: Theory and History of Economic and Social Institutions and Structures (USSR)

Director, Consultants in Industry Economics, Inc.

Frequent consultant to government and industry, in U.S. and many other countries.


Economic Dynamics (with R. Turvey), 1951, 1959, 1970

Welfare Economics and the Theory of the State, 1952, 1965.

Economic Processes and Policies (with L.V. Chandler), 1954

Business Behavior, Value and Growth, 1959, 1966

What Price Economic Growth?, (with Klaus Knorr), 1961

Economic Theory and Operations Analysis, 1961, 1965, 1972, 1976

The Stock Market and Economic Efficiency, 1965

Performing Arts: The Economic Dilemma (with W.G. Bowen), 1966

Precursors in Mathematical Economics: An Anthology (with S.M. Goldfeld), 1968

Portfolio Theory: The Selection of Asset Combinations, 1970

Economics of Academic Libraries (with M. Marcus), 1973

The Theory of Environmental Policy (with W.E. Oates), 1975, 1988

Selected Economic Writings of William J. Baumol, E.E. Bailey, ed., 1976

Economics, Environmental Policy, and the Quality of Life (with W.E. Oates and S.A. Batey Blackman), 1979

Economics: Principles and Policy (with A.S. Blinder), 1979, 1982, 1985, 1987, 1991 and 1994

Public and Private Enterprise in a Mixed Economy (editor), 1980.

Contestable Markets and the Theory of Industry Structure (with R.D. Willig and J.C. Panzar), 1982, 1987

Inflation and the Performing Arts (editor with H. Baumol), 1984

Productivity Growth and U.S. Competitiveness (editor with K. McLennan), 1985

Superfairness: Applications and Theory, 1986

Microtheory: Applications and Origins, 1986

The Information Economy and the Implications of Unbalanced Growth (with L. Osberg and E.N. Wolff), 1989

Productivity and American Leadership: The Long View (with S.A. Batey Blackman and E.N. Wolff), 1989

The Economics of Mutual Fund Markets: Competition vs. Regulation (with S.M. Goldfeld, L.A. Gordon and M.F. Koehn), 1990

Perfect Markets and Easy Virtue: Business Ethics and the Invisible Hand (with S.A. Batey Blackman), 1991

Entrepreneurship, Management and the Structure of Payoffs, 1993

Toward Competition in Local Telephony (with Gregory Sidak), 1994

Convergence of Productivity: Cross-National Studies and Historical Evidence (ed. with R.R. Nelson & E.N. Wolff), 1994

Transmission Pricing and Stranded Costs in the Electric Power Industry (with Gregory Sidak), 1995

Assessing Educational Practices: The Contribution of Economics (ed. with W.E. Becker), 1995

Microeconomics: Principles and Policy (ed. with A.S. Blinder), 1996

Plus some 400 articles published in professional journals.

Mailing Address:
New York University,
Dept. of Economics, 269 Mercer St.,
New York, NY 10003.

E-mail: william.baumol@fasecon.econ.nyu.edu

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