Here, from the Financial Times, is a picture showing that the lower your income, the less increase you’ve gotten in life-expectancy the last four decades:
Income inequality is one of the largest human problems of this century.
Keeping with my recent theme on US healthcare prices, from the people at Vox media, here’s an illustration of how expensive it is to get an MRI in the United States versus other countries: And the cost of a day in the hospital: Sigh…
The COVID-19 virus is wreaking havoc on healthcare providers. Hospitals and outpatient practices are struggling from a combination of lost revenue, from people delaying or canceling appointments, and increased expenses, related to the measures they are taking to reduce the spread of the virus within healthcare settings. As always, when American healthcare providers are in…
“Economics Behaving Badly” – The New York Times
It is hard for any physician to advance as a medical researcher. Competition for research funding is fierce; the rigors of publishing in prestigious medical journals are gargantuan. And women pursuing such careers face even bigger challenges, with many having to take on disproportionate burdens at home compared to their male colleagues (caring for kids,…
American manufacturing has declined precipitously in the past few decades. Companies that were once the source of fabulous wealth for Americans – the U.S. Steel profits that enriched the Carnegie family, the Ford Motor F -1.29% Company profits that enriched its eponymous family – are now struggling to keep up with foreign competitors. Thank God…
Shutterstock For a few years, U.S. healthcare spending seemed to be under control, rising no faster than the economy as a whole. The proportion of our GDP spent on healthcare was flatter than a Nebraska cornfield in November. Here’s how much we spent on healthcare, relative to the economy as a whole, between 2009 and…