Posts Tagged ‘productivity divergence’

  • 16609_3.1_000005787159XSmall

    Healthcare and Baumol’s Disease

    Sep 11, 11 • 314 Views • 1 Comment

    Asked why healthcare is relatively expensive while cell phones are not, you could answer, “Baumol’s Disease.” Described by New Yorker columnist James Surowiecki, to play Mozart’s String Quartet in G minor in 1787 and now, we need 2...  [read more]