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

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

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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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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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