411 REFERENCE · Wiktionary
Baumol's cost disease
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
English
Proper noun
en Baumol effect.
weekend 2026-08-15 on Unhappy voters are suffering from ‘Baumol's disease’ Chrystia Freeland 9 We are all grappling with Baumol's disease, a phenomenon identified by economist William Baumol in the 1960s and sometimes known as Baumol's cost disease.