Title
The Cost Disease: Why Computers Get Cheaper and Health Care Doesn't,New
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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 wellknown 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 fastrising 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 laborintensive 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.
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- Q: What is the page count of this book? A: This book has two hundred seventy-two pages. It provides a comprehensive analysis of economic conditions related to health care and education.
- Q: What type of binding does this book have? A: This book is a hardcover edition. The durable binding ensures longevity and protects the pages inside.
- Q: Who is the author of this book? A: The author is William J. Baumol. He is a well-known economist recognized for his insights into economic conditions.
- Q: How do I read this book effectively? A: To read this book effectively, consider taking notes on key concepts. Baumol's clear writing style helps convey complex ideas about economic issues.
- Q: Is this book suitable for beginners in economics? A: Yes, this book is suitable for beginners. Baumol presents economic concepts in an understandable manner, making it accessible for new readers.
- Q: What age group is this book intended for? A: This book is intended for adults and older teens. It discusses complex economic issues that may require a mature understanding.
- Q: How should I care for this book? A: To care for this book, store it in a cool, dry place. Keep it away from direct sunlight to prevent fading and damage.
- Q: Can I clean the cover of this book? A: Yes, you can clean the cover using a soft, dry cloth. Avoid using water or cleaning solutions that could damage the material.
- Q: Is this book safe for young readers? A: No, this book is not recommended for young readers. The content addresses complex economic themes that require prior knowledge.
- Q: What makes this book different from other economic books? A: This book is unique due to its focus on the 'cost disease' concept. Baumol provides a clear explanation of rising costs in service sectors.
- Q: How does this book compare to others on health care costs? A: This book offers a unique perspective by connecting economic theory with real-world issues. Unlike others, it simplifies complex ideas about health care pricing.
- Q: What if the book arrives damaged? A: If the book arrives damaged, you should contact customer support for a replacement. Most retailers offer return policies for damaged products.
- Q: Is there a warranty for this book? A: No, books typically do not come with warranties. However, you can return damaged copies as per the seller's return policy.
- Q: How can I ensure this book stays in good condition? A: To ensure this book stays in good condition, avoid exposing it to moisture and extreme temperatures. Regularly check for wear and tear.
- Q: What if I have questions about the book's content? A: If you have questions about the book's content, consider discussing it with peers or looking for discussion forums online. Engaging with others can enhance understanding.
- Q: Can I gift this book to someone interested in economics? A: Yes, this book makes a great gift for anyone interested in economics. Its engaging writing style can spark curiosity about economic issues.