William S. Vickrey was born in Victoria, British Columbia, in
1914. His elementary and secondary education were in Europe and the
United States, with graduation from Phillips Andover Academy in 1931.
He received a B.S. in mathematics from Yale in 1935, followed by
graduate work in economics at Columbia University from 1935 to 1937,
when he received the M.A. degree. He then worked for the
National
Resources Planning Board in Washington and the Division of Tax
Research in the U.S. Treasury Department.
A conscientious objector during World War II, he spent part of
his alternate service designing a new inheritance tax for Puerto Rico.
Columbia University awarded him the Ph.D. in economics in 1948. His
doctoral dissertation, Agenda for Progressive Taxation, was
reprinted as an "economic classic" in 1972.
In 1946 he began his teaching career at Columbia University as
a lecturer in economics. He became a full professor in 1958 and was
named McVickar Professor of Political Economy in 1971. He was chairman
of the Department of Economics from 1964 to 1967 and retired as
McVickar Professor Emeritus in 1982.
A long career of research covered a large range of subjects.
The first of many involving efficient pricing of public utilities done
in 1939 and 1940 for the Twentieth
Century Fund dealt with electric power. In 1951, he studied
transit fares in New York City for The Mayor's Committee on Management
Survey. He was a member of the 1950 Shoup mission that developed a
comprehensive program for revising the tax system of Japan. He
lectured widely and served as a consultant in the United States and
overseas and to the United Nations.
He was elected to the National Academy of Sciences and in 1992
served as president of the American
Economic Association. He was a Fellow of the Econometric Society
and received an honorary degree from the University of Chicago in
1979.
He was a founding member of Taxation, Resources, and Economic
Development and was a member of many professional and civic
organizations and an active supporter of organizations promoting world
peace. He belonged to The Religious Society of Friends.
A 1994 volume, Public Economics Cambridge University
Press, contains a complete bibliography; it lists eight books, 139
articles, 27 reviews, and 61 unpublished articles and notes.
He was married to Cecile Thompson in 1951. They lived in
Hastings-on-Hudson in New York. He died in October 1996.
From Les Prix Nobel 1996.