Author:Baumol, WIlliam J

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Cost Disease: Why Computers Get Cheaper and Health Care Doesn't

By: Baumol, WIlliam J.

Price: $8.50

Publisher: YALE UNIV PR:

Seller ID: 9780300179286

ISBN: 0300179286

Condition: USED


The exploding cost of health care in the United States is a source of widespread alarm. Similarly, the upward spiral of college tuition fees is cause for serious concern. In this concise and illuminating book, the well-known economist William J. Baumol explores the causes of these seemingly intractable problems and offers a surprisingly simple explanation. Baumol identifies the "cost disease" as a major source of rapidly rising costs in service sectors of the economy. Once we understand that disease, he explains, effective responses become apparent.Baumol presents his analysis with chara... View more info