Quote of the day
War is not its own end, except in some catastrophic slide into absolute damnation. It's peace that's wanted. Some better peace than the one you started with.
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)