Is America championing the wrong kind of entrepreneurship?

    Among the many contributions the late economist William Baumol made to the economics community is “cost disease,” which explains why high-productivity industries raise costs—and therefore prices…


    Already an INSIDER? Sign in.

    We are glad you enjoy reading Business Report.

    Continue reading this story and get ACCESS to all our content from any device with a subscription now.

    • Get access to more than a decade of story archives.
    • Get access to our searchable data center of TOP LISTS.
    • Get exclusive content only available to INSIDERS.