From my list on the economics and history of American health insurance.
Why am I passionate about this?
My mother wanted me to be a physician, but as a child I was very squeamish about human biology and knew that wasn't for me. In college I was exposed to economics and found it, and the policy debates about national health insurance, fascinating. So, maybe with my mother’s wishes in the back of my mind, I became a health economist. I was privileged to direct a large randomized trial called the RAND Health Insurance Experiment, which varied the cost of medical care to families. This project lasted more than a decade and got me so deep into the economics of health and medical care that I became a professor of health policy and management.
Joseph's book list on the economics and history of American health insurance
Why did Joseph love this book?
Eminently readable, this is a classic book by the doyen of American health economics that explains in non-technical terms the economics of health and medical care. It has been updated with several essays that Fuchs has published in the almost five decades since the book was first published.
1 author picked Who Shall Live? Health, Economics And Social Choice as one of their favorite books, and they share why you should read it.
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.Health care is by far the largest industry in the United States. It is three times larger than education and five times as large as national defense. In 2001, Americans spent over $12,500 per person for hospitals, physicians, drugs and other health care services and goods. Other high-income democracies spend one third less, enjoy three more years of life…