Curing Baumol’s Disease: In Search of Productivity Gains in Public Education

whp_crpe1_baumols_jul10_0_PageCuring Baumol’s Disease: In Search of Productivity Gains in Public Education

This paper published by Center on Reinventing Public Education first explores the past and future outlook for education absent productivity gains. The authors, Paul Hill and Marguerite Roza, then discuss several areas in which labor-intensive businesses have improved productivity: information technology, deregulation, redefinition of the product, increased efficiency in the supply chain, investments by key beneficiaries, production process innovations, carefully defined workforce policies, and organizational change. They conclude with a five-step agenda for finding the cure for Baumol’s* disease in public education.

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