Elizabeth Bailey
American economist (1938–2022)

Elizabeth Ellery Bailey (née Raymond; November 26, 1938 – August 19, 2022) was an American economist. She was the John C. Hower Professor of Business and Public Policy, at The Wharton School of the University of Pennsylvania. Bailey studied deregulation, market competition and regulatory capture through her career and contributed to the deregulation of the airline industry in the United States in the late 1970s.
Bailey was the first woman to graduate with a PhD in economics from Princeton University and was considered a "pathbreaker for women in economics".
Early life
Bailey was born on November 26, 1938, in New York City to Henrietta Dana Raymond and Irving W. Raymond, both of whom were history professors. She was the second of five daughters in the family. She grew up in New York City, where she graduated from the Chapin School in 1956. She received her bachelor's degree from Radcliffe College, a master's degree from Stevens Institute of Technology and her Ph.D. from Princeton University, where she was the first woman to receive a doctoral degree in economics.
Career
Bailey started her career working as a computer programmer at Bell Laboratories. Bailey worked in technical programming at Bell Laboratories from 1960 to 1972, before transferring to the economic research section from 1972 to 1977.
“Elizabeth Bailey” enters the record as american economist (1938–2022). Crown Archives preserves that source wording while asking what Elizabeth, Bailey and American can confirm, complicate or overturn.
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The entry’s evidential value lies in the named roles, institutions and publications that can be tested against primary documentation. The source revision retrieved here is dated Aug 29, 2026. The linked authority identifier is Q4101384. VIAF identifies the subject as 27154343. The Library of Congress control number is n84236181. 4 of 5 selected statements include explicit references; 1 carry qualifiers and 0 use preferred rank. The first chronological checks are 1938, 2022, 1956 and 1960.
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This entry incorporates text from “Elizabeth Bailey” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.