Cost Disease

External Posts:
Book Review: Why Are The Prices So D*mn High? - Scott Alexander
 

[FIXME: This definition is wrong] Cost Disease or Baumol's cost disease is a name for the rise of salaries in jobs that have experienced no or low increase of labor productivity [1]. Some use the term generally to refer to rising costs in general [2].

[FIXME: This definition is wrong] Cost Disease or Baumol's cost disease is a name for the rise of salaries in jobs that have experienced no or low increase of labor productivity [1]. Some use the term generally to refer to rising costs in general [2].

Cost Disease or Baumol's cost disease is a name for the rise of salaries in jobs that have experienced no or low increase of labor productivity [1]. Some use the term generally to refer to rising costs in general [2].

Often the questions being asked in Cost Disease discussion are why the cost healthcare and education have increased many, many times over.