Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/William Baumol

History Quiz

…jump Woodrow Wilson defeated William Howard Taft in 1912* Grover Cleveland defeated James G. Blaine in 1884** and Benjamin Harrison in 1892 *** James Buchanan defeated John C Frémont in…

Graunt Work

…What are the implications? William Petty’s pioneering estimate of national income relied crucially on his friend Graunt’s calculations of population. These were essentially the “number, weight or measure” upon which…