William Baumol RIP

This famous economist has passed away at the ripe old age of 95. For an excellent obituary of Prof. Baumol, see this by Matthew McCaffrey: ttps://mises.org/blog/william-baumol-rip.

For a critical view of one of his publications, many of them excellent, see this. Barnett, William II and Walter E. Block. 2006. “Spreading the Benefits of Productivity Increases: Price Increases, Decreases, or Both? A Critique of Baumol on Subsidies to the Arts” Dialogue. Vol. 4, pp. 38-51; https://www.researchgate.net/publication/228269503_Spreading_the_Benefits_of_Productivity_Increases_Price_Increases_Decreases_or_Both_A_Critique_of_Baumol_on_Subsidies_to_the_Arts?ev=prf_pub

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2:26 pm on May 6, 2017