Tag Archives: Baumol’s Cost Disease

Large Variation in Hospital Billing: Three Preliminary Takeaways from New U.S. Data

The NYTimes has an interesting article on variation in hospital billing. In addition to highlighting substantial dispersion for the same procedure even within local areas (e.g. “a hospital in Livingston, N.J., charged $70,712 on average to implant a pacemaker, while … Continue reading

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Accounting for the Cost of US Healthcare

I read Steven Brill’s healthcare piece recently and wanted to get a better high-level view of where dollars in the healthcare system are spent. I find aggregate data more informative than anecdotes about hospital bill line items (not that I … Continue reading

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Long Run Growth in Real Per Pupil Public Education Spending

Real per pupil education spending for elementary and secondary schools has increased roughly 23X since 1920. While there are many causes for this increase (special ed availability, reduced student teacher ratios, etc) and spending more on education is often a good … Continue reading

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