Horizon Information Portal

HSPLS site

eBooks/Audiobooks

Reading Program

The cost disease : why computers get cheaper and health care doesn't / William J. Baumol ; with contributions by David de Ferranti ... [et al.].

by Baumol, William J.

View full image

New Haven, Conn. ; London : Yale University Press, c2012.

Prices -- United States.

Medical care, Cost of -- United States.

College costs -- United States.

9780300179286 (alk. paper)

0300179286 (alk. paper)

9780300198157 (pbk.)

xxi, 249 p. : ill. ; 22 cm.

"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."--Publisher's website.

Horizon Information Portal 3.25_9884

Powered by Dynix

© 2001-2013 SirsiDynix All rights reserved.

Horizon Information Portal