!!> Read ➶ The Cost Disease ➺ Author William J. Baumol – Pimply.info

The Cost Disease Excellent analyses on why the rising costs of healthcare and education takingof GDP annually may not be a problem Lots of good recommendations on healthcare cost cutting, too Far too optimistic about the benefits of rising productivity and falling costs elsewhere, though It ll only take a hiccup in resource availability to invert the curve of productivity related cost savings in, let s say, food production, to devastate his assumptions and put healthcare permanently out of reach for bil Excellent analyses on why the rising costs of healthcare and education takingof GDP annually may not be a problem Lots of good recommendations on healthcare cost c Sometimes I forget how I find the books I buy Usually it is one of two ways I either find the book while browsingor the book is referenced in another book I read I remember seeing The Cost Disease in another book, but I can t really remember which one But I found it on , enjoyed the reviews, and saw that it was relatively inexpensive so I decided to give it a go.The Cost Disease is a heavy,academ The Exploding Cost Of Health Care In The United States Is A Source Of Widespread Alarm Similarly, The Upward Spiral Of College Tuition Fees Is Cause For Serious Concern In This Concise And Illuminating Book, The Well Known Economist William J Baumol Explores The Causes Of These Seemingly Intractable Problems And Offers A Surprisingly Simple Explanation Baumol Identifies The Cost Disease As A Major Source Of Rapidly Rising Costs In Service Sectors Of The Economy Once We Understand That Disease, He Explains, Effective Responses Become Apparent.Baumol Presents His Analysis With Characteristic Clarity, Tracing The Fast Rising Prices Of Health Care And Education In The United States And Other Major Industrial Nations, Then Examining The Underlying Causes, Which Have To Do With The Nature Of Providing Labor Intensive Services The News Is Good, Baumol Reassures Us, Because The Nature Of The Disease Is Such That Society Will Be Able To Afford The Rising Costs. This book develops one of the principal explanations for why costs have been increasing significantly on a consistent basis in some sectors health care, education while they have been decreasing in others, especially manufacturing The argument is complex but the basic point is that when some industries are becoming muchefficient, those industries or sectors that are limited in the degree to which productivity can be enhanced will necessarily experience persistent costs increases due to This book develops one of the principal explanations for why costs have been increasing significantly on a consistent basis in some sectors health care, education while they have been decreasing in others, especially manufacturing The argument is complex but the basic point is that when some industries are becoming muchefficient, those industries or sectors that are limited in the degree to which productivity can be enhanced will necessarily experience persistent costs increases due to labor market and other considerations Various details of this general argument are considered along with its policy implications and some good case examples of the cost problem in such stagnant industries.The book is in essence a compilation of papers written around the overall argument Along wit The rising cost of healthcare is a global phenomenon Why Because the relative productivity of labour intensive industries inevitably and inexorably declines Computers get cheaper healthcare doesn t It s a simple idea, now proven by historic data and in need of appreciation The cost disease allows encourages, even affordable increases in spending on health Though incisive, Baumol s book inevitably labours this central argument But to understand trade offs in public spending you ne The rising cost of h Since the Industrial Revolution, labor saving productivity improvements have been occurring at an unprecedented pace in most manufacturing activities, reducing the cost of making these products even as workers wages have risen In the personal services industries, meanwhile, automation is not always possible, and labor saving productivity improvements occur at a rate well below average for the economy As a The premise of this book is that though areas of the economy which require intensive human involvement teaching, health care, fine arts, etc seem to getexpensive as the cost of mass produced items fall Even though things like healthcare seem to be growing in cost, they are still affordable by society because the cost of other things has fallen I found myself wondering what could be done in the health field to help it scale require less people While there was some good content, book f The premise of this book is that though areas of the economy which require intensive human involvement teaching, health care, fine arts, etc seem to getexpensive as the cost of mass produced items fall Even though things like healthcare seem to be growing in cost, they are still affordable by society because the cost of other things has f El libro tiene la virtud de explicar claramente y en un lenguaje claro qu es la enfermedad de costos y varias de sus implicaciones para la elaboraci n de pol ticas p blicas La parte de recomendaciones de pol tica se centra en el sector salud, dejando de lado otros sectores como el educativo En buena medida esto se debe a que el debate en los Estados Unidos es sobre el sector salud, lo cual explica tambi n que la mayor parte de la evidencia emp rica sea para ese pa s Es un libro que despier El libro tiene la virtud de explicar claramente y en un lenguaje claro qu es la enf A must read for anyone interestedin the economics of health care Not the most exciting book but the idea s implications are huge. A book that develops a convincing hypothesis on why healthcare costs have exploded over the past few decades, while cars and other consumables have declined in price The first half of the book is academic and reads like a research paper abstract Arguments were well constructed and Baumol provided a lot of data to prove his point, which I definitely appreciate The latter parts of the book where the author collaborated with a few others on the co


About the Author: William J. Baumol

Is a well-known author, some of his books are a fascination for readers like in the The Cost Disease book, this is one of the most wanted William J. Baumol author readers around the world.


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