Social Development on C.CUI's Loghttps://cuicaihao.github.io/tags/social-development/Recent content in Social Development on C.CUI's LogHugoen-AUFri, 29 May 2026 07:00:00 +1000Baumol's Cost Disease: Why Goods Are Cheap and People Are Dearhttps://cuicaihao.github.io/posts/2026-05-29-baumol-cost-disease-goods-cheap-people-dear/Fri, 29 May 2026 07:00:00 +1000https://cuicaihao.github.io/posts/2026-05-29-baumol-cost-disease-goods-cheap-people-dear/Why is it that in affluent modern societies, we can easily buy cheap electronics but struggle to afford manual services, healthcare, and education? This is not due to inflation or demographics, but a fundamental law of economics: Baumol’s Cost Disease. This article explores why cheap goods and dear people are the destiny of a wealthy society, and how individuals can build core competitiveness using AI and leverage.