Enrico Fermi was a physicist well known for his ability to make good approximations to difficult questions. A well-known Fermi problem is ‘how many piano tuners are there in Chicago?’ Answering these sorts of questions involves… Read More »Fermi problems and public health
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.
In previous posts (here and here) the comprehensive work undertaken by Claxton et al on the returns to medical expenditure in the NHS was discussed. Claxton and colleagues estimated the average change in quality adjusted… Read More »Could a reduction in the cost-effectiveness threshold stymie medical research and development?
Making headlines this morning (Thursday 20th November) has been the report by McKinsey Global Institute, an offshoot of the management consultancy McKinsey, on the global economic impact of obesity. This report estimates that $2.0 trillion is… Read More »How do you solve a problem like obesity?