Unbiased Analysis of Today's Healthcare Issues
Back in 1960, life expectancy in the US was 69.7 years as compared to 43.7 years. At the turn of the century, this gap had closed to 76.8 to 71.4 years. As of 2021, however, US life expectancy was 76.1 whereas life expectancy in China was 77.1, a full year ahead of the U.S. Part…
In general, one expects progress. One expects that medical advances will improve life expectancy. In recent years in the U.S., however, that is no longer the case. The CDC reports that: …life expectancy at birth decreased in recent years for the first time since 1993. Between 2014 and 2015, life expectancy at birth decreased 0.2…
Numerous media outlets and academic studies have demonstrated that in the last few decades, income inequality has grown. However, not only are poor Americans making relatively less money compared to their richer peers in recent years, but poor individuals also have not experienced the same survival gains as the rich. Louise Sheiner reports on a…
From Wonk Blog: There is a positive trend in life expectancy in the U.S. America’s relative ranking on life expectancy, however, is not among the lowest in the developed world.
Watch the relationship between GDP/capita and Life Expectancy evolve over time: Gapminder World.
Soares (2009) examines the relationship between income and life expectancy around the world and particularly with respect to Latin America. Table 1 shows GDP growth per capita and life expectancy increases around the world. Table 2 decomposes the gains in life expectancy by age group. Some notable findings are: We see significant progress in East…
“The best-laid schemes o’ mice an’ men. Gang aft agley” – Robert Burns The only certainty in life is uncertainty. Individuals make plans for their future without knowing how long they will live in reality. Retirement planning, for instance, is very difficult due to uncertain life expectancy. Would you be willing to trade some of…
Economists predict that longer life expectancy leads to more investment in education. For those who live a short time, sacrificing working years for education is not worthwhile if the payback period is short. For those with a longer life expectancy, an individual can reap the monetary rewards from education over a longer period of time.…