A Conversation with William J. Baumol on Capitalism, Innovation, and Growth

Rivista Internazionale di Scienze Sociali, Vol. 111, No. 1, pp. 3-17, January-March 2003

14 Pages Posted: 21 Oct 2005

See all articles by Antonio Guarino

Antonio Guarino

University College London - Centre for Economic Learning and Social Evolution (ELSE)

Maurizio Iacopetta

OFCE (Centre de recherche en Economie de Sciences Po); SKEMA Business School - Sophia Antipolis Campus

Abstract

William J. Baumol has been one of the most influential economists in the last fifty years. Pioneering work in the theory of money, foremost research in the theory of competition, industrial organization and technological change, notable analyses in the theory of externalities and environment, influential research in the theory of productivity and growth are, perhaps, his best known contributions. On August 8th, 2002 we have interviewed Baumol in his office in the Department of Economics at New York University. The interview lasted about one hour and a half. We started our interview by discussing his new book and then moved to different topics, such as globalization, labor market, growth in underdeveloped countries, environment, education and heath systems, financial markets, history of economic thought and methodology in economics. We have classified our questions in four groups: Capitalism and innovation; Economic growth; Free market and government intervention; Economic theory.

Keywords: Capitalism, Innovation, Economic Theory

JEL Classification: D40, O12, O30

Suggested Citation

Guarino, Antonio and Iacopetta, Maurizio, A Conversation with William J. Baumol on Capitalism, Innovation, and Growth. Rivista Internazionale di Scienze Sociali, Vol. 111, No. 1, pp. 3-17, January-March 2003. Available at SSRN: https://ssrn.com/abstract=822945

Antonio Guarino

University College London - Centre for Economic Learning and Social Evolution (ELSE) ( email )

Gower Street
London WC1E 6BT
United Kingdom

HOME PAGE: http://www.homepages.ucl.ac.uk/~uctpagu/

Maurizio Iacopetta (Contact Author)

OFCE (Centre de recherche en Economie de Sciences Po)

31 rue Croix des Petits Champs
75049 Paris Cedex 01
France

SKEMA Business School - Sophia Antipolis Campus ( email )

60 rue Dostoïevski
Sophia Antipolis, 06902
France

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