In this paper we confirm the universality of steadily rising education expenditures among OECD nations, as predicted by “Baumol and Bowen’s cost disease,” and show that this trajectory of costs can be expected to continue for the foreseeable future. However, we find that while the level of...

We use the Levy Institute Measure of Economic Well-being (LIMEW), the most comprehensive income measure available to date, to compare economic well-being in Canada and the United States in the first decade of the 21st century. This study represents the first international comparison based on...

We use the Levy Institute Measure of Economic Well-being (LIMEW), the most comprehensive income measure available to date, to compare economic well-being in Canada and the United States in the first decade of the 21st century. This study represents the first international comparison based on...