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FTA: We may rationally value additional spending on it if, by doing so, we buy hope, peace of mind, and other comforts that we value more than the dollars they
by vannevar 15y ago
FTA: We may rationally value additional spending on it if, by doing so, we buy hope, peace of mind, and other comforts that we value more than the dollars they consume.
I would add social stability to this list. Health costs per capita aren't distributed evenly any more than GDP is. While society can tolerate that some get a bigger share of the GDP pie on the plausible rationale that their industriousness contributes to their wealth, it is less tolerant of the idea that the wealthy should live while the poor die. If the new US health care laws do nothing more than create a more equitable distribution of health care then they would be a success.