Comments on: Optimal health spending http://www.tvhe.co.nz/2009/06/15/optimal-health-spending/ The Visible Hand in Economics Thu, 02 Sep 2010 23:54:00 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: the website guy http://www.tvhe.co.nz/2009/06/15/optimal-health-spending/comment-page-1/#comment-20321 the website guy Sun, 12 Jul 2009 19:05:39 +0000 http://www.tvhe.co.nz/?p=3972#comment-20321 What I dont understand is how most people were talking about how amazing Obamas health plan was before he was elected... now all I seem to hear about is how people hate what hes trying to do. Has he changed his position since being elected or did people just not pay attention at first? What I dont understand is how most people were talking about how amazing Obamas health plan was before he was elected… now all I seem to hear about is how people hate what hes trying to do. Has he changed his position since being elected or did people just not pay attention at first?

]]> By: Pet Medication http://www.tvhe.co.nz/2009/06/15/optimal-health-spending/comment-page-1/#comment-20318 Pet Medication Sun, 12 Jul 2009 10:09:05 +0000 http://www.tvhe.co.nz/?p=3972#comment-20318 Rich people will use all possible way to treat any health issues no matter how much it costs. I agree on the view that many spending more on health issues these days. Any new health product that hit town will surely be on good sales. Rich people will use all possible way to treat any health issues no matter how much it costs. I agree on the view that many spending more on health issues these days. Any new health product that hit town will surely be on good sales.

]]> By: Amazon Shop Affiliate | Amazon Store http://www.tvhe.co.nz/2009/06/15/optimal-health-spending/comment-page-1/#comment-20121 Amazon Shop Affiliate | Amazon Store Tue, 16 Jun 2009 12:20:11 +0000 http://www.tvhe.co.nz/?p=3972#comment-20121 [...] TVHE » Optimal health spending [...] [...] TVHE » Optimal health spending [...]

]]> By: 2 Minute Abs | Abdominalworkout http://www.tvhe.co.nz/2009/06/15/optimal-health-spending/comment-page-1/#comment-20120 2 Minute Abs | Abdominalworkout Tue, 16 Jun 2009 10:06:42 +0000 http://www.tvhe.co.nz/?p=3972#comment-20120 [...] TVHE » Optimal health spending [...] [...] TVHE » Optimal health spending [...]

]]> By: What would Hayek say http://www.tvhe.co.nz/2009/06/15/optimal-health-spending/comment-page-1/#comment-20118 What would Hayek say Mon, 15 Jun 2009 22:54:10 +0000 http://www.tvhe.co.nz/?p=3972#comment-20118 Will buy argument of more being spent on health care as income rises (same argument as spendng more on environment, luxuries as wealth rises), also since death is forever, there is no future benefit stream, so any day above ground has a benefit stream. However whilst willingness to pay increases, you have a decreasing return on expenditure, e.g $1 at 25 buys 1 year, $10 at 60 buys 1 year, $100 at 70 buys 6 months, $1000 at 75 buys 6 months, $10,000 at 85 buys 6 months, $10,000 at 90 buys 3 months. So what you have is decreasing returns on additional marginal expenditure (productivity story). So withour reading Greg Mankiw views, the problem with the QJE article is that they have only considered half the equation. If this is about govt expenditure they need to consider the counterfactual return on the extra dollars expenditure (i.e. greater QALY gained by investing in immunisation for 5 year olds, warm homes, better internet etc). If its just private consumption of health care, then the additional consumption is only limited by your personal endowments. On this basis Bill Gates possibly could live to be 200+. Will buy argument of more being spent on health care as income rises (same argument as spendng more on environment, luxuries as wealth rises), also since death is forever, there is no future benefit stream, so any day above ground has a benefit stream. However whilst willingness to pay increases, you have a decreasing return on expenditure, e.g $1 at 25 buys 1 year, $10 at 60 buys 1 year, $100 at 70 buys 6 months, $1000 at 75 buys 6 months, $10,000 at 85 buys 6 months, $10,000 at 90 buys 3 months. So what you have is decreasing returns on additional marginal expenditure (productivity story). So withour reading Greg Mankiw views, the problem with the QJE article is that they have only considered half the equation. If this is about govt expenditure they need to consider the counterfactual return on the extra dollars expenditure (i.e. greater QALY gained by investing in immunisation for 5 year olds, warm homes, better internet etc).

If its just private consumption of health care, then the additional consumption is only limited by your personal endowments. On this basis Bill Gates possibly could live to be 200+.

]]> By: Lucky Luck » TVHE » Optimal health spending http://www.tvhe.co.nz/2009/06/15/optimal-health-spending/comment-page-1/#comment-20115 Lucky Luck » TVHE » Optimal health spending Mon, 15 Jun 2009 10:27:42 +0000 http://www.tvhe.co.nz/?p=3972#comment-20115 [...] here:  TVHE » Optimal health spending This entry is filed under Health. You can follow any responses to this entry through the RSS 2.0 [...] [...] here:  TVHE » Optimal health spending This entry is filed under Health. You can follow any responses to this entry through the RSS 2.0 [...]

]]> By: Health and Fitness Articles | Health Articles http://www.tvhe.co.nz/2009/06/15/optimal-health-spending/comment-page-1/#comment-20112 Health and Fitness Articles | Health Articles Mon, 15 Jun 2009 07:32:05 +0000 http://www.tvhe.co.nz/?p=3972#comment-20112 [...] See the original post: TVHE » Optimal health spending [...] [...] See the original post: TVHE » Optimal health spending [...]

]]> By: TVHE » Optimal health spending | Recent Health News http://www.tvhe.co.nz/2009/06/15/optimal-health-spending/comment-page-1/#comment-20111 TVHE » Optimal health spending | Recent Health News Mon, 15 Jun 2009 07:24:24 +0000 http://www.tvhe.co.nz/?p=3972#comment-20111 [...] View original here:  TVHE » Optimal health spending [...] [...] View original here:  TVHE » Optimal health spending [...]

]]> By: TVHE » Optimal health spending http://www.tvhe.co.nz/2009/06/15/optimal-health-spending/comment-page-1/#comment-20110 TVHE » Optimal health spending Mon, 15 Jun 2009 07:05:27 +0000 http://www.tvhe.co.nz/?p=3972#comment-20110 [...] Original post:  TVHE » Optimal health spending [...] [...] Original post:  TVHE » Optimal health spending [...]

]]> By: TVHE » Optimal health spending | My Health and Lifestyle http://www.tvhe.co.nz/2009/06/15/optimal-health-spending/comment-page-1/#comment-20109 TVHE » Optimal health spending | My Health and Lifestyle Mon, 15 Jun 2009 06:31:47 +0000 http://www.tvhe.co.nz/?p=3972#comment-20109 [...] more:  TVHE » Optimal health spending Share and [...] [...] more:  TVHE » Optimal health spending Share and [...]

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