The cost disease : why computers get cheaper and health care doesn't /
Baumol, William J.
The cost disease : why computers get cheaper and health care doesn't / William J. Baumol ; with contributions by David de Ferranti [and four others]. - 1 online resource (xxi, 249 pages) : illustrations
Includes bibliographical references (pages 207-235) and index.
Part I: The survivable cost disease. Why health-care costs keep rising ; What causes the cost disease, and will it persist? ; The future has arrived ; Yes, we can afford it ; Dark sides of the disease : terrorism and environmental destruction ; Common misunderstandings of the cost disease : cost versus quality and financial versus "physical" output measures ; The cost disease and global health -- Part 2: Technical aspects of the cost disease. Hybrid industries and the cost disease ; Productivity growth, employment allocation, and the special case of business services -- Part 3: Opportunities for cutting health-care costs. Business services in health care ; Yes, we can cut health-care costs even if we cannot reduce their growth rate -- Conclusions : Where are we headed and what should we do?
"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, 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 U.S. and other major industrial nations, then examining the underlying causes of the phenomenon, which have to do with the nature of providing labor-intensive services. The news is good, Baumol reassures, because the nature of the disease is such that society will be able to afford the rising costs."--Publisher's description.
English.
9780300188486 (electronic bk.) 030018848X (electronic bk.) 0300179286 9780300179286 9786613916792 661391679X
10.12987/9780300188486 doi
22573/ctt2zzwfr JSTOR
GBB259315 bnb
101596578 DNLM 016106731 Uk
Prices--United States.
Medical care--Costs.--United States
Medical economics.
Medical care, Cost of.
Fees and Charges
Economics, Medical
Health Care Costs
Universities--economics
Prix--États-Unis.
Économie de la santé.
Soins médicaux--Coût.
BUSINESS & ECONOMICS--Economics--Microeconomics.
BUSINESS & ECONOMICS--Economic Conditions.
Medical care, Cost of.
Prices.
United States
United States.
Electronic books.
Electronic books.
HB235.U6 / B38 2012
338.520973
2012 J-434 W 74 AA1
The cost disease : why computers get cheaper and health care doesn't / William J. Baumol ; with contributions by David de Ferranti [and four others]. - 1 online resource (xxi, 249 pages) : illustrations
Includes bibliographical references (pages 207-235) and index.
Part I: The survivable cost disease. Why health-care costs keep rising ; What causes the cost disease, and will it persist? ; The future has arrived ; Yes, we can afford it ; Dark sides of the disease : terrorism and environmental destruction ; Common misunderstandings of the cost disease : cost versus quality and financial versus "physical" output measures ; The cost disease and global health -- Part 2: Technical aspects of the cost disease. Hybrid industries and the cost disease ; Productivity growth, employment allocation, and the special case of business services -- Part 3: Opportunities for cutting health-care costs. Business services in health care ; Yes, we can cut health-care costs even if we cannot reduce their growth rate -- Conclusions : Where are we headed and what should we do?
"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, 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 U.S. and other major industrial nations, then examining the underlying causes of the phenomenon, which have to do with the nature of providing labor-intensive services. The news is good, Baumol reassures, because the nature of the disease is such that society will be able to afford the rising costs."--Publisher's description.
English.
9780300188486 (electronic bk.) 030018848X (electronic bk.) 0300179286 9780300179286 9786613916792 661391679X
10.12987/9780300188486 doi
22573/ctt2zzwfr JSTOR
GBB259315 bnb
101596578 DNLM 016106731 Uk
Prices--United States.
Medical care--Costs.--United States
Medical economics.
Medical care, Cost of.
Fees and Charges
Economics, Medical
Health Care Costs
Universities--economics
Prix--États-Unis.
Économie de la santé.
Soins médicaux--Coût.
BUSINESS & ECONOMICS--Economics--Microeconomics.
BUSINESS & ECONOMICS--Economic Conditions.
Medical care, Cost of.
Prices.
United States
United States.
Electronic books.
Electronic books.
HB235.U6 / B38 2012
338.520973
2012 J-434 W 74 AA1