The Cost Disease

In "Cost Disease," renowned economist William J. Baumol delves into the pressing issue of rising health care costs and soaring college tuition fees in the United States. Published in 2013, this insightful book spans 272 pages and provides readers with a compelling examination of these critical economic challenges. Baumol uncovers the underlying factors contributing to these persistent cost increases and presents a surprisingly straightforward explanation that sheds light on this complex phenomenon. This thought-provoking work is essential for anyone seeking to understand the economics of medical care and education in America. Discover the insights of one of the leading voices in economics and explore the implications of cost disease for the future of these vital sectors.