In fact, in his lengthy Endnote 13, he says he is not doing a "forecast", but a "projection".
The economic foundations of the book are very well described and easy to understand, even for non-economists.
The book has a cobbled together feel, the quality of writing is uneven, and the organization is poor.
Sometimes I forget how I find the books I buy. Usually it is one of two ways: I either find the book while browsing Amazon or the book is referenced in another book I read. Read morePublished 2 months ago by Reid Mccormick
I'd give this great book five stars if I understood physics, but I don't. Even without a full understanding of physics, the fundamental themes are well explained. Read morePublished 23 months ago by Stan Crader
This book is embarrassingly bad, yet it had the potential to be a vital and necessary reference for policy makers, particularly in health care and education (it almost exclusively... Read morePublished 23 months ago by Kevin Peppard
The economic foundations of the book are very well described and easy to understand, even for non-economists. Read morePublished on April 14, 2013 by Pierre MORGON
Baumol's cost disease is one of the most interesting and important results of modern economic research. Read morePublished on March 30, 2013 by R. Albin
Outstanding analysis by an economist who keeps on writing and getting it right. I say this without prejudice although he was my professor at Princeton who helped me get a job... Read morePublished on March 14, 2013 by Lacey T. Smith
Bottom line is US productivity will take care of the cost disease which tends to affect what the authrs consider worthy public goods, health care especially, also education. Read morePublished on February 26, 2013 by Richard P. Nathan
The concept is very important and there is a great deal of useful information, but I found the writing poor quality. Read morePublished on February 3, 2013 by Peter H. Elias