Baumol's disease

English Proper noun en Baumol's cost disease. weekend 2026-08-15 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. As such, Baumol's disease poses a knotty challenge for the state in liberal democracies because so much of what governments do is more like playing the violin than manufacturing a car.