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18. Mai 2024 · This effect was famously described by the economist William J Baumol in the 1960s, and in economics it is known as Baumol’s cost disease. In a twist, Hughes offers sophisticated arguments in favor of the naive theory.
16. Mai 2024 · This paper investigates if diagnosing the healthcare sector with suffering from a cost disease is an apt description of the observed reallocation. The novel feature of the paper is to introduce a microeconomic foundation to the theoretical analysis of the healthcare sector.
4. Mai 2017 · He was one of the greatest of living economists, with contributions in numerous areas, including productivity, economics of the arts, contestable markets, environmental economics, and entrepreneurship theory. Here are previous MR entries on Baumol and his ideas. The post William Baumol has passed away appeared first on Marginal ...
White might also have profitable employed the typology of entrepreneurship developed by the economist William Baumol, who distinguishes ‘productive entrepreneurship’ from the forms of entrepreneurship that harm rather than help society. Baumol speaks of rent-seekers, who engage in ‘unproductive entrepreneurship,’ and ‘destructive ...
21. Mai 2024 · Baumol’s Cost Disease: The Root of the Problem. Named after the economist William J. Baumol, this theory explains why specific labor-intensive sectors, like healthcare and education, experience disproportionate cost increases over time.
Vor einem Tag · Präsident der Vereinigten Staaten von Amerika und durch mehrere terroristische Anschläge in verschiedenen Städten und Ländern weltweit geprägt. Auf europäischer Ebene führte der anlaufende Austrittsprozess zum EU-Austritt des Vereinigten Königreichs zu zäh verlaufenden Verhandlungen.
17. Mai 2024 · William J. Baumol for “Entrepreneurship: Productive, unproductive and destructive” published in 1996 in Journal of Business Venturing. 2013 Jerome Katz and William B. Gartner for “Properties of emerging organizations” published in 1988 in Academy of Management Review.
