Lawrence Stanley Ritter was an American writer whose specialties were economics and baseball. Ritter was a professor of economics and finance, and chairman of the Department of Finance at the Graduate School of Business Administration of New York University. He also edited The Journal of Finance from 1964 to 1966. In 1970, Ritter served as president of the American Finance Association. He died at age 81 in New York City. His book, Principles of Money, Banking, and Financial Markets, coauthored with William L. Silber and Gregory F. Udell, has gone through twelve editions and has been a standard college text since it was first published in 1974. Ritter is best known for writing one of the most famous sports booksof all time, The Glory of Their Times. He collaborated with another baseball historian, Donald Honig, on The Image of Their Greatness and The 100 Greatest Baseball Players of All Time. In researching The Glory of Their Times, Ritter travelled 75,000 miles to interview his subjects, sitting for hours listening to them tell their tales into his tape recorder. Ritter's "Existential" style of interviewing was to allow his subjects to reminisce freely, rarely prodding or probing them on anything. No questions about specific games. No questions about what it was like to face certain players. Ritter's technique was to get his interviewee comfortable around him, to turn the tape-recorder on, and shut up while his subjects spoke. Ritter's style elicited responses that other reporters never reach with questions. His most difficult "find" was Sam Crawford, who shared the outfield with Ty Cobb in Detroit. After being given only cryptic hints about where he might find Crawford, i.e., "drive between 175 and 225 miles north of Los Angeles", Crawford's wife told Ritter, "and you'll be warm" – Ritter ended up in Baywood Park, California where his inquiries yielded nothing. After several days, he sat in a laundromat watching his clothes spin beside an old man. Ritter asked him if he knew anything about Sam Crawford, the old ball player. The man replied, "Well I should hope so. Bein' as I'm him."
Books
The Glory of Their Times: The Story of the Early Days of Baseball Told by the Men who Played it, Published by Harpercollins 1992,,, 384 pages
The 100 Greatest Baseball Players of All Time, Published by Crown Publishers 1981,, 273 pages
Lost Ballparks: A Celebration of Baseball's Legendary Fields, Published by Penguin Group 1992,, 210 pages
Principles of Money, Banking, and Financial Markets, Published by Basic Books, 1974–1989; Harper Collins, 1991–1997; Addison Wesley 2000–2009,, 617 pages
Money and economic activity: readings in money and banking, Published by Houghton Mifflin 1961, 457 pages
