# A review of Prof. William Baumol’s new book on cost disease

1 Faculty News September 22, 2012 ![New York Post logo](/sites/default/files/styles/246w/public/assets/images/con_031743.jpg?itok=0h5FlsRq)>

Excerpt from [New York Post](http://www.nypost.com/p/news/opinion/opedcolumnists/the_price_of_progress_8yXc1pemqNV8OxwR7NLzVL) -- "Health-care costs are huge, and still rising. Based on current trends, in 2105 US health care will consume 62% of our national income. And this is nothing to worry about. How can this be? Relying primarily on simple logic and storytelling, NYU economist [William J. Baumol](http://www.stern.nyu.edu/faculty/bio/william-baumol) lays out the answer in his new book, “The Cost Disease: Why Computers Get Cheaper and Health Care Doesn’t” (Yale University Press), by making us think about several other paradoxes."

[Read more](http://www.nypost.com/p/news/opinion/opedcolumnists/the_price_of_progress_8yXc1pemqNV8OxwR7NLzVL)
