Who Shall Live? Health, Economics And Social Choice (2nd Expanded Edition)
Since the first edition of Who Shall Live? (1974) over 100,000 students, teachers, physicians, and general readers from more than a dozen fields have found this book to be a reader-friendly, authoritative introduction to economic concepts applied to health and medical care. Fuchs provides clear explanations and memorable examples of the importance of the non-medical determinants of health, the dominant role of physicians in health care expenditures, the necessity of choices about health at the individual and societal levels, and many other compelling themes.Now, in a new introduction of some 8,000 words including new tables and figures, Fuchs, often called the “Dean of health economists”, concisely summarizes the major changes of the past 37 years in health, medical care, and health policy. He focuses primarily on the United States but includes remarks about health policy in other countries, and addresses the question of whether national health care systems are becoming more alike. In addition to reviewing changes, the introduction explains why health expenditures grow so rapidly, why health spending in the United States is so much greater than in other countries, and what physicians need in order to practice cost-effective medicine.This second expanded edition also includes recent papers by Fuchs on the economics of aging, the socio-economic correlates of health, the future of health economics, and his policy recommendations for the United States to secure universal coverage, control of costs, and improvement in the quality of care. As was true of the first expanded edition (1998), this book will be welcomed by current students and life-long learners in economics, other social and behavioral sciences, medicine, public health, law, business, public policy, and other fields who want to understand the relation between health, economics, and social choice.
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administrative American average behavior benefits billion capital choice competition correlation cost countries death rate decile decisions developed differences differential disease dollars drugs effect efficiency elderly employers expectancy federal financing Fuchs funding groups health care expenditures health care system health care voucher health economics health economists health levels health plans health policy health services higher HMOs hospital important incentives income increase individuals infant mortality insurance companies Journal less major males Medicaid Medicare medicine Michael Grossman national health insurance National Health Service organization patients physi physicians policy-value questions poor population positive questions practice premiums prescription production programs ratio reduce result role schooling significant social society spending surgery tion U.S. Census Bureau United universal coverage universal health universal health care value-added tax voucher system Walsh McDermott