000 02562nam a22002177a 4500
005 20181203124404.0
008 180503b xxu||||| |||| 00| 0 eng d
020 _a9780300198157
028 _aBrijwasi Book Distributors
_b;H-87,Lalita Park ,Laxmi Nagar,Delhi-110092
_c;BW/004792
_d;25/04/2018
082 _a338.520973 BAU
100 _aWilliam J Baumol
245 _aThe cost disease
_b : why computers get cheaper and health care doesn't
_c/William J Baumol
260 _aNew Haven
_b: Yale University Press
_c, 2012
300 _axxi, 249 pages
_c; 22 cm.
505 _a 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?
520 _aThe 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.
650 _aSocial Science
655 _aMedical care
_bBUSINESS & ECONOMICS -- Economics -- Microeconomics.
700 _aWilliam J Baumol
942 _cBOOK
999 _c49379
_d49379