Who Shall Live? - Health Economics and Social Choice
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. Fuchs provides clear explanations and memorable examples of the importance of the non-medical determinants of health, the dominant role of physicians in health care expenditures, the necessity of choices about health at the individual and societal levels, and many other compelling themes.Now, in a new introduction of some 8,000 words including new tables and figures, Fuchs, often called the “Dean of health economists”, concisely summarizes the major changes of the past 37 years in health, medical care, and health policy. He focuses primarily on the United States but includes remarks about health policy in other countries, and addresses the question of whether national health care systems are becoming more alike. In addition to reviewing changes, the introduction explains why health expenditures grow so rapidly, why health spending in the United States is so much greater than in other countries, and what physicians need in order to practice cost-effective medicine.This second expanded edition also includes recent papers by Fuchs on the economics of aging, the socio-economic correlates of health, the future of health economics, and his policy recommendations for the United States to secure universal coverage, control of costs, and improvement in the quality of care. As was true of the first expanded edition (1998), this book will be welcomed by current students and life-long learners in economics, other social and behavioral sciences, medicine, public health, law, business, public policy, and other fields who want to understand the relation between health, economics, and social choice.Contents:Health and EconomicsProblems and Choices:The Problems We FaceThe Choices We Must MakeWho Shall Live?:The First Year of LifeThree Score and TenThe “Weaker” SexA Tale of Two StatesSummaryThe Physician: The Captain of the Team:Caring and Curing“I Can't Get a Doctor”The “Surgeon Surplus”Meeting the ChallengeThe Hospital: The House of Hope:The Central Problem — High CostHospitals TodayWhy Are Hospital Costs So High?How to Keep Hospital Costs from Going HigherDrugs: The Key to Modern Medicine:Drug ManufacturingDrug RetailingNew DrugsDrugs and Ill HealthDrug CostsEthical ProblemsPaying for Medical Care:The Present SystemWho?What?How?HMOsConcluding CommentsHealth and Social Choice:ReviewThe Limits of EconomicsRecommendationsHealth, Economics, and Social Choice:What Every Philosopher Should Know About Health EconomicsPoverty and Health; Asking the Right QuestionsFrom Bismarck to Woodcock: The “Irrational” Pursuit of National Health InsuranceEconomics, Values, and Health Care ReformFurther Thoughts on Health Economics and Health Policy:The Future of Health Economics“Provide, Provide”: The Economics of AgingReflections on the Socio-Economic Correlates of HealthA Comprehensive Cure: Universal Health Care VouchersThe Dedicated VAT SolutionReadership: Undergraduates in economics, sociology and public policy; graduates in medicine, public health and public policy; physicians and other health professionals.