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

1 Faculty News October 6, 2012 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](http://www.nytimes.com/2012/10/07/business/cost-disease-offers-a-case-for-health-care-calm.html?adxnnl=1&pagewanted=all&adxnnlx=1349708573-sD9UWl4f/vK36T3Xyb3VKw&_r=0) -- "As the cost of health care continues to be a battering ram in the 2012 presidential campaign, Professor [Baumol](http://www.stern.nyu.edu/faculty/bio/william-baumol)’s seemingly academic treatise contains a couple of zingers that one can imagine President Obama incorporating into his stump speech. The future is bright, this book argues, as long as policy makers don’t do things that are sure to bring on the storm clouds."

[Read more](http://www.nytimes.com/2012/10/07/business/cost-disease-offers-a-case-for-health-care-calm.html?adxnnl=1&pagewanted=all&adxnnlx=1349708573-sD9UWl4f/vK36T3Xyb3VKw&_r=0)

Additional coverage appeared in [The Washington Post](http://www.washingtonpost.com/business/steven-pearlstein-why-cheaper-computers-lead-to-higher-tuition/2012/10/05/5dced2a0-0fd6-11e2-acc1-e927767f41cd_story.html).