Cost Disease

TagLast edit: 5 Jan 2021 15:58 UTC by Yoav Ravid

Cost Disease or Baumol’s cost disease is a name for the rise of salaries in jobs that have experienced no or low increase of labor productivity [1]. Some use the term generally to refer to rising costs in general [2].

Often the questions being asked in Cost Disease discussion are why the cost healthcare and education have increased many, many times over.

External Posts:
Book Review: Why Are The Prices So D*mn High? - Scott Alexander

Book Re­view: Why Are The Prices So Damn High?

sarahconstantin28 Jun 2019 19:40 UTC
61 points
7 comments8 min readLW link1 nomination

High­lights From The Com­ments On Cost Disease

Scott Alexander17 Feb 2017 7:28 UTC
4 points
1 comment25 min readLW link

Con­sid­er­a­tions On Cost Disease

Scott Alexander10 Feb 2017 4:33 UTC
27 points
4 comments22 min readLW link

Ma­jor Up­date on Cost Disease

Max D Porter5 Jun 2019 19:10 UTC
42 points
12 comments1 min readLW link

Monopoly: A Man­i­festo and Fact Post

sarahconstantin31 May 2018 18:40 UTC
33 points
65 comments5 min readLW link

Cry­on­ics costs: given es­ti­mates are low

gwern14 Nov 2011 17:07 UTC
43 points
27 comments4 min readLW link