The Cost Disease: Why Computers Get Cheaper and Health Care Doesn't

Why are the costs of health care and higher education rising so dramatically? How can we keep them affordable for lower— and middle—income American families?

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, the well—known economist William J. Baumol explores the causes of these seemingly intractable problems and offers a surprisingl...