• Community Indifference, 1946, RES
• A Community Indifference Map: A construction, 1949, RES.
• A Formalization of Mr. Harrod's Model, 1949, EJ.
• The Analogy between Producer and Consumer Equilibrium Analysis, with Helen Makower, 1950, Economica.
• Economic Dynamics, with R. Turvey, 1951.
• The Transaction Demand for Cash: An inventory-theoretic approach, 1952, QJE.
• The Classical Monetary Theory: The outcome of the discussion, with G.S. Becker, 1952, Economica.
• Welfare Economics and the Theory of the State, 1952.
• Firms with Limited Money Capital, 1953, Kyklos.
• Economic Processes and Policies, with L.V. Chandler, 1954.
• More on the Multiplier Effect of a Balanced Budget, with M.H. Preston, 1955, AER.
• Acceleration without Magnification, 1956, AER.
• Variety in Retailing, with E.A. Ide, 1956 Management Science.
• Speculation, Profitability and Stability, 1957, REStat.
• Activity Analysis in One Lesson, 1958, AER.
• On the Theory of Oligopoly, 1958, Economica.
• Topology of Second Order Linear Difference Equations with Constant Coefficients, 1958, Econometrica.
• The Cardinal Utility which is Ordinal, 1958, EJ.
• Business Behavior, Value and Growth, 1959.
• Integer Programming and Pricing, with R.E. Gomory, 1960, Econometrica.
• Economic Theory and Operations Analysis, 1961.
• What Can Economic Theory Contribute to Managerial Economics?, 1961, AER.
• Pitfalls in Contracyclical Policies: Some tools and results, 1961, REStat.
• The Theory of Expansion of the Firm, 1962, AER.
• Stocks, Flows and Monetary Theory, 1962, QJE.
• An Expected Gain-Confidence Limit Criterion for Portfolio Selection, 1963, Management Science.
• Rules of Thumb and Optimally Imperfect Decisions, with R. E. Quandt, 1964, American Economic Review, 54, p. 23-46
• Decomposition, Pricing for Decentralization and External Economics, with T.Fabian, 1964, Management Science.
• On the Performing Arts: the anatomy of their economic problems, with W.G. Bowen, 1965, AER.
• Investment and Discount Rates Under Capital Rationing, with R.E.Quandt, 1965, EJ.
• Informed Judgement, Rigorous Theory and Public Policy, 1965, Southern EJ.
• The Stock Market and Economic Efficiency, 1965.
• Performing Arts: the economic dilemma, 1966.
• The Ricardo Effect in Point-Input, Point-Output Case, 1966, Essays in Mathematical Economics in Honor of Oskar Morgenstern.
• Macroeconomics of Unbalanced Growth: The anatomy of urban crisis, 1967, AER.
• Calculation of Optimal Product and Retailer Characteristics, 1967, JPE.
• The Firm's Optimal Debt-Equity Combination and the Cost of Capital, with B.G. Malkiel, 1967, QJE.
• Error Produced by Linearization in Mathematical Programming, with R. Bushnell, 1967, Econometrica.
• The Dual of Nonlinear Programming and its Economic Interpretation, with M.L.Balinski, 1968, RES.
• Entrepreneurship in Economic Theory, 1968, May, American Economic Review
• On the Social Rate of Discount, 1968, AER.
• On the Discount Rate for Public Projects, 1969, Analysis and Evaluation of Public Expenditures.
• Input Choices and Rate-of-Return Regulation: An overview of the discussion, with A.K.Klevorick, 1970, Bell JE.
• Optimal Departures from Marginal Cost Pricing, with D.F. Bradford, 1970, AER.
• The Economics of Athenian Drama, 1971, QJE.
• Environmental protection, International Spillovers and Trade, 1971.
• On the Economics of the Theatre in Renaissance London with Mary Oates, 1972, Swedish JE.
• The Dynamics of Urban Problems and its Policy Implications, 1972, in Preston and Corry, editors, Essays in Honor of Lord Robbins.
• Taxation and the Control of Externalities, 1972, AER.
• Detrimental Externalities and Non-Convexity of the Production Set, with D.F. Bradford, 1972, Economica.
• The Transformation of Values: What Marx 'Really' Meant, 1974, JEL.
• The Theory of Environmental Policy, with W.E.Oates, 1975.
• Economics, Environmental Policy and Quality of Life, with W.E.Oates and S.A. Batey Blackman 1979.
• Contestable Markets and the Theory of Industry Structure, with J.C. Panzar and R.D. Wilig, 1982
• Microtheory: Applications and origins, 1986
• Superfairness: Application and theory, with D. Fischer, 1986
• The Optimal Cash Balance Proposition: Maurice Allais' Priority, with J. Tobin, 1989, JEL
• Productivity and American Leadership: The long view, with S.A. Batey Blackman and E.N. Wolff, 1989.
• Perfect Markets and Easy Virtue: Business ethics and the invisible hand, with S.A. Batey Blackman, 1992
• Entrepreneurship, Management and the Structure of Profit, 1993.
• Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity, co-authored with Robert Litan and Carl J. Schramm, 2007

Positions and Awards

President of the American Economic Association for 1981. 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

Professional Activities

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.