Now and in the past, life expectancy is about much more than living longer when we look at consumer spending and government responsibility.
Although the per capita GDP gap between two countries could appear large, the difference shrinks when you bring welfare into your calculations.
Led by Chinese economic growth and other emerging markets, the center of economic gravity is moving eastward from the developed world to Asia.
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 Canada was #5. However, the order flips–US…