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

The Cost Disease: Why Computers Get Cheaper and Health Care Doesn't
William J. Baumol (Author), David de Ferranti (Contributor), Monte Malach (Contributor), Ariel Pablos-Mendez (Contributor), Hilary Tabish (Contributor), Lillian Gomory Wu (Contributor)
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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 characteristic clarity, tracing the fast-rising prices of health care and education in the United States and other major industrial nations, then examining the underlying causes, which have to do with the nature of providing labor-intensive services. The news is good, Baumol reassures us, because the nature of the disease is such that society will be able to afford the rising costs.

• Rank: #192705 in Books
• Published on: 2012-09-25
• Released on: 2012-09-03
• Original language: English
• Number of items: 1
• Dimensions: 8.27" h x 1.10" w x 5.51" l, .95 pounds
• Binding: Hardcover
• 272 pages

Description #1 by dr-ebook.info:

"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, 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 characteristic clarity, tracing the fast-rising prices of health care and education in the US and other major industrial nations, then examining the underlying causes of the phenomenon, which have to do with the nature of providing labor-intensive services. The news is good, Baumol reassures, because the nature of the disease is such that society will be able to afford the rising costs.File Size: 2487 KBPrint Length: 272 pages Publisher: Yale University Press (September 25, 2012) Sold by: Amazon Digital Services, Inc.Language: EnglishASIN: B009B5STCG"

Description #2 by Barnes & Noble:

Categories: Economics->Addresses, essays, lectures, Economics->Case studies. Contributors: William J. Baumol - Author. Format: Hardcover

Description #3 by BzOverstock:

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