Assume for a moment you are in a doctor’s office observing an examination. A 70-year old male patient enters pulling an oxygen tank and wearing a baseball cap. Because the doctor has been seeing him for two years, he knows…
Our everyday economics includes developing nations, human capital, environment, behavioral economics, consumer spending, health care,incentives & sin taxes.
While death rates are a seemingly easy way to assess healthcare spending, other perspectives like DALYs could be better when we consider the tradeoffs.
Whether health insurance or individuals pay for healthcare, treatment decisions relate to the opportunity cost of using the time, money and resources.
econlife®
Connecting economics with everyday life.
Located at the intersection of current events, history, and economics, econlife® slices away all of the layers that make economics boring and complex. We like economics and we would like for you to like it too.
