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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 expectancy, and have more equal access to medical care.In this book, each of the chapters of the original edition is followed by supplementary readings on such subjects as: 'Social Determinants of Health: Caveats and Nuances', 'The Structure of Medical Education -- It's Time for a Change', and 'How to Save $1 Trillion Out of Health Care'.The ten years following publication of the 2nd expanded edition in 2011 were arguably more turbulent for US health and health care than any other ten-year period since World War II. They span the implementation of the Affordable Care Act, the deepening opioid epidemic, and the physical, psychological, and socio-economic traumas of the COVID-19 pandemic.An important ne
This book investigates the complex interplay between economic principles, social choices, and the allocation of health resources. It addresses the significant disparities in healthcare spending and outcomes between the United States and other high-income democracies, examining the economic factors that contribute to these differences. The text utilizes supplementary readings to explore specific issues such as social determinants of health, medical education reform, and potential cost-saving measures within the healthcare system, updated to reflect recent policy shifts and global health crises.
Victor R. Fuchs's 'Who Shall Live?' is widely regarded as a seminal work in health economics, with its third edition being praised for its continued relevance in light of recent policy changes and global health challenges. Esteemed figures like Sir Angus S. Deaton and Victor J. Dzau highlight its enduring importance and its role in inspiring numerous professionals across various fields. The book is recognized for its accessible introduction to economic concepts applied to healthcare, making it essential reading for understanding the intricate relationship between social factors, health, and escalating costs.
Page Count:
271
Publication Date:
2023-05-01
Publisher:
World Scientific
ISBN-10:
9811269467
ISBN-13:
9789811269462
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