Sep 11, 11 •
204 Views •
Businesses, Demand, Supply, and Markets, Developing Economies, Government, Households, Innovation, International Trade and Finance, Labor, Macroeconomic Measurement, Thinking Economically •
Elaine Schwartz •
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
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