TY - BOOK AU - William J Baumol AU - William J Baumol TI - The cost disease: : why computers get cheaper and health care doesn't SN - 9780300198157 U1 - 338.520973 BAU PY - 2012/// CY - New Haven PB - : Yale University Press KW - Social Science KW - Medical care KW - BUSINESS & ECONOMICS -- Economics -- Microeconomics N1 - 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? N2 - 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 ER -