Quote of the day
The only thing that will redeem mankind is co-operation, and the first step towards co-operation lies in the hearts of individuals.
William Baumol

Born: February 26, 1922
Died: May 4, 2017 (aged 95)
Bio: William Jack Baumol was an American economist, a professor of economics at New York University, Academic Director of the Berkley Center for Entrepreneurship and Innovation, and Professor Emeritus at Princeton University.
Known for:
- Macroeconomics: Principles and Policy (1986)
- Free-market innovation machine (2002)
- The theory of environmental policy (1975)