Posts Tagged ‘William J. Baumol’

  • Chinese Consumers and Fresh Apples

    Chinese Economic Growth

    Mar 17, 12 • 366 Views • No Comments

    Our story ends with the recent 2030 Word Bank Report on Chinese economic growth. But we have to start with sunflower seeds. There once was a poor Chinese farmer who believed he could excel at nothing but sunflower seeds. Traditionally sold in stores, in bulk...  [read more]

  • A Mozart String Quartet and Health Care

    Jan 19, 10 • 265 Views • 1 Comment

    A question: How does a Mozart String Quartet resemble health care? The answer: Both have Dr. Baumol’s Cost Disease Eighty-eight year old economist William J. Baumol expressed concern in today’s NY Times about health care cost control. Comparing...  [read more]