Tag baumol’s disease

The Cost Disease: Some Surprisingly Good News

What if the constant panic about the rising costs of health care and higher education in America were somewhat unfounded? What would this entail for this country? A giant, collective sigh of relief? This is the premise of famous economist, Willian J. Baumol’s new book, The Cost Disease: Why Computers

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Better Capitalism: Renewing the Entrepreneurial Strength of the American Economy

What is the future of capitalism in the wake of the Great Recession? Traditional macroeconomic tools have not worked to correct listless economic growth and high unemployment like economists believed they would—and some have blamed this on a fundamental failure in ‘capitalism’ itself. But are there different brands of capitalism

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