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0 pointsLegend24401mo ago0 comments

Baumol's cost disease also benefits you, because it makes your wages go up even if you haven't increased productivity.

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Maybe on doctornews, but this is hackernews. To us, Baumol's disease means your job, which has increased productivity, disappears, while your costs, which don't have increased productivity, go up.

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smallmancontrov1mo ago

Maybe on doctornews, but this is hackernews. To us, Baumol's disease means your job, which has increased productivity, disappears, while your costs, which don't have increased productivity, go up.

j / k navigate · click thread line to collapse