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smallmancontrov
51 days ago
I'd like to not die of Baumol's Cost Disease along the way, though.
1 comments
Legend2440
51 days ago
Baumol's cost disease also benefits you, because it makes your wages go up even if you haven't increased productivity.
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smallmancontrov
51 days ago
Maybe on doctornews, but this is hackernews. To us, Baumol's disease means your job, which has increased productivity, disappears, while your costs, which don't have increased productivity, go up.
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