Faculty News
—
Prof. William Baumol's Cost Disease is applied to software application development
—
![CIO logo CIO logo](/sites/default/files/styles/192w_x_144h/public/assets/images/con_031978.jpg?h=cd55d432&itok=-y_CKPYk)
Excerpt from a CIO blog -- "It's called Baumol's Cost Disease because Baumol realized something more -- that competition in the labor marketplace isn't limited to neatly confined distinct positions within which individual candidates compete for work. It's broader than that."
Faculty News
—
![CIO logo CIO logo](/sites/default/files/styles/192w_x_144h/public/assets/images/con_031978.jpg?h=cd55d432&itok=-y_CKPYk)
Excerpt from a CIO blog -- "It's called Baumol's Cost Disease because Baumol realized something more -- that competition in the labor marketplace isn't limited to neatly confined distinct positions within which individual candidates compete for work. It's broader than that."