A look at rising healthcare costs, based on Prof. William Baumol's new book on cost disease
October 03, 2012
Excerpt from Forbes -- "...health care is just going to carry on getting more expensive. That’s the very gloomy headline lesson from William Baumol’s new book. Given that it is Baumol’s Cost Disease, one of Professor Baumol’s contributions to economic theory, that tells us that health care is just going to keep getting more expensive he’s probably a very good guy for us to be listening to on the point."