2 ms·
I'd like to not die of Baumol's Cost Disease along the way, though.
by smallmancontrov 6mo ago
I'd like to not die of Baumol's Cost Disease along the way, though.
- Legend2440 6mo agoBaumol's cost disease also benefits you, because it makes your wages go up even if you haven't increased productivity.
- smallmancontrov 6mo agoMaybe 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.