# Prof. William Baumol's book, "The Cost Disease," is featured

1 Faculty News December 14, 2012 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from the [Wall Street Journal](http://online.wsj.com/article/SB10001424127887324001104578165432521728030.html) -- "Finally, a new exposition of the most important economic idea you've never heard of: what its inventor, William Baumol, calls 'The Cost Disease.'"

[Read more](http://online.wsj.com/article/SB10001424127887324001104578165432521728030.html)