In praise of William Baumol

baumolSteve Kates writes:

Let me add a few words about William Baumol (above) who has just passed away at the age of 95, which is very good going. He truly ought to have won the Nobel Prize in Economics. But what I would like to add to the record is what a truly great academic he was to the full extent of the meaning of the word and in the most positive way one can imagine.

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