Although the per capita GDP gap between two countries could appear large, the difference shrinks when you bring welfare into your calculations.…
The Cost of a Single-Payer Healthcare Plan
A single-payer healthcare plan, Taiwan’s National Healthcare Insurance is a good example of the cost and benefit of government healthcare control.…
The Cost of a Single-Payer Healthcare Plan
A single-payer healthcare plan, Taiwan’s National Healthcare Insurance is a good example of the cost and benefit of government healthcare control.…
The Path of the Shifting Center of Global Economic Power
Led by Chinese economic growth and other emerging markets, the center of economic gravity is moving eastward from the developed world to Asia.…
Who Will Live to 100?
A middle class girl born in the US today has a 50/50 chance of reaching 100 years old. A guess, yes. But the prediction reflects what Princeton economist Angus Deaton says is rather likely. Looking ba…
Election Economics: How Successful is the US Healthcare System?
It might be tough to use statistics to judge US health care. Among OECD countries (Organization for Economic Cooperation and Development), from 1980 to 1999, for life expectancy, the US ranked #19 and…
We Are Living Longer
Using data for 2009 from death certificates in all 50 states, the national Centers for Disease Control has concluded that we are living longer. A male infant’s projected life span has risen .2 y…