About the Author
William J. Baumol is a professor of economics at New York University and professor emeritus and senior research economist at Princeton University. He is a former president of the American Economic Association. Dorothy Robyn is U.S. Deputy Under Secretary of Defense for Installations and Environment. Previously, she was a principal with The Brattle Group. She was a special assistant to the president for economic policy in the Clinton administration and previously taught at Harvard University's Kennedy School of Government.