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Health and the Economy

Global expenditure patterns and their determinants; pub-
lic expenditure and health care; health in macro models; health and the trade cycle; health and labor force productivity; health and growth; health and economic development; health and employment/unemployment; health and social security; health, savings and investment; health and foreign trade; health and innovation/entrepreneurship.

“Health is bad for you. That’s what many economists believe.” Richard Horton’s anti-economics strikes again.

Richard Horton, editor-in-chief of the venerable medical journal the Lancet, is no stranger to bad economics. In 2012 and 2013, he stoked the ire of economists worldwide with a series of ill-informed tweets. These included gems such as: Economics, second only to… Read More »“Health is bad for you. That’s what many economists believe.” Richard Horton’s anti-economics strikes again.

Economic conditions and the health of babies. You won’t believe what the literature says!

  How do economic conditions affect a person’s health? We can think of three major mechanisms that researchers examine. Firstly, the absolute effect of wealth or income that affects your access to health-influencing goods and services such as healthcare, good… Read More »Economic conditions and the health of babies. You won’t believe what the literature says!

You won’t believe what these NHS productivity statistics mean for health policy!

Newly published research from Chris Bojke and co-authors estimates productivity growth in the NHS from 1998/1999 to 2013/2014. Total output of the NHS comprises both the volume of various services and their quality while inputs are approximated by total expenditure.… Read More »You won’t believe what these NHS productivity statistics mean for health policy!