Imagine this: a mere century ago, the purchasing power of an average American was one-tenth of what it is today. But what will it take to sustain that growth through the next century? And what can be said about economic growth to aspiring nations seeking higher standards of living for their citizens[...]

Although it is admittedly difficult to theorize and make predictions on the innovative behavior and supply of entrepreneurs, William Baumol shows that by usually failing to incorporate entrepreneurship in their growth models, economists have omitted what can be a key contributor to economic growth. [...]

The exploding cost of health care in the United States is a source of widespread alarm. Similarly, the upward spiral of college tuition fees is cause for serious concern. In this concise and illuminating book, well-known economist William Baumol explores the causes of these seemingly intractable pro[...]

In this book, Professors Baumol and Oates provide a rigorous and comprehensive analysis of the economic theory of environmental policy. They present a formal, theoretical treatment of those factors influencing the quality of life. By covering both the theory of externalities and its application to e[...]

Teaches the principles of economics, including various economic situations. This title is suitable for faculty and students looking for an introduction that uses policy-based information for examples and applications.[...]

Why has capitalism produced economic growth that so vastly dwarfs the growth record of other economic systems, past and present? Why have living standards in countries from America to Germany to Japan risen exponentially over the past century? William Baumol rejects the conventional view that capita[...]

Kulturpolitiken debatteras livligt, samtidigt som gränsen mellan kulturpolitik och andra politikområden luckrats upp. Sådant som förknippats med kultursektorn har alltmer blivit en del av de »nya ekonomierna«, men har det förbättrat kulturproduktionens villkor? I Fronesis nr 31 introduceras [...]