
What afflicts the American health care system (and those of other industrialized nations) is called Baumol’s cost disease. While some industries enjoy sharp increases in productivity (cars can be built faster than ever, retail inventory can be managed better), endeavors like health care are as labor-intensive as ever.
full articleWill WilkinsonWill WilkinsonAccording to popular usage, decades are 10-or-so-year chunks of...
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A New Year's resolution for failing state governments.