A celebration of life for William Baumol, who made major contributions across a wide swath of economics and mentored two future Princeton University presidents, is scheduled for 3:00pm on Sunday, November 19, in McCormick Hall Lecture Hall 101.
Baumol died Thursday, May 4, in New York. He was 95 years old.
Baumol was the Joseph Douglas Green 1895 Professor of Economics, Emeritus, and senior economist at Princeton, as well as the Harold Price Professor of Entrepreneurship and academic director of the Berkley Center for Entrepreneurship and Innovation in the Stern School of Business at New York University.
Baumol, who joined the Princeton faculty in 1949, conducted research on topics including industrial organization, regulation of industry, welfare economics, environmental policy and the economics of the arts. He was the author of more than 40 books and more than 500 articles in professional journals and newspapers. He transferred to emeritus status in 1992.
A full obituary appears on the Princeton University website, which includes a blog for colleagues, friends and family to honor Baomol’s life and legacy.