2 ms·
How is the Baumol effect relevant here? The posts you're replying to seem to be pointing out the perceptual increase in price in areas that haven't benefitted f
by zbentley 8y ago
How is the Baumol effect relevant here? The posts you're replying to seem to be pointing out the perceptual increase in price in areas that haven't benefitted from cost reduction. To my (admittedly limited) understanding, that doesn't seem to have anything to do with the Baumol effect.