William J. Baumol


BaumolWilliam J. Baumol was born on February 26, 1922 in New York City. He received his BSS at the College of the City of New York in 1942 and his Ph.D. at the University of London in 1949.

He is the Harold Price Professor of Entrepreneurship and Academic Director of the Berkley Center for Entrepreneurial Studies in the Stern School of Business at New York University; and senior economist and professor emeritus at Princeton University.

Professor Baumol is past president of the American Economic Association, the Association of Environmental and Resource Economists, the Eastern Economic Association, and the Atlantic Economic Society. His honors and awards include twelve honorary degrees and membership in the U.S. National Academy of Sciences, the American Philosophical Society, the Accademia Nazionale Dei Lincei (Italy), and the British Academy. In May of 2009, two Chinese universities, Wuhan University and Zhejiang Gongshang University, named Centers for Entrepreneurial Research in Professor Baumol’s honor.

Professor Baumol is also the author of more than 45 books and over 500 articles published in professional journals. These publications have been translated into over a dozen languages.

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