The Cost Disease: Why Computers Get Cheaper and Health Care Doesn't
Why do computers become faster and cheaper while health care grows steadily more expensive? In The Cost Disease, William J. Baumol examines the economic forces behind this divide, connecting productivity, technology, and rising medical costs in an accessible analysis of one of the defining challenges of modern economies.
About This Book
The Cost Disease explores the contrast between rapidly improving, increasingly affordable computers and the continuing rise of health care costs.
William J. Baumol examines the economic forces that help explain why some sectors become more efficient while others remain difficult to transform.
The book offers a broad analysis of productivity, prices, technology, and the organization of health care.
It is suited to readers seeking a clearer understanding of the economic challenges surrounding modern health care.
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