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Health and Social Choice

In: Who Shall Live? Health, Economics and Social Choice

Author

Listed:
  • VICTOR R. FUCHS
  • KAREN EGGLESTON

Abstract

In the preceding chapters, I have discussed the major problems of health and medical care now facing the American people and have delineated the different social choices that must be made. These problems — high cost, inadequate access, and unsatisfactory health levels — have been examined from the economic point of view, which stresses the need to allocate scarce resources efficiently in order to best satisfy diverse human wants. For most Americans, better health is not the only, or even the most important, goal. For most Americans, more medical care is not the only, or even the most promising, route to better health…

Suggested Citation

  • Victor R. Fuchs & Karen Eggleston, 2023. "Health and Social Choice," World Scientific Book Chapters, in: Who Shall Live? Health, Economics and Social Choice, chapter 8, pages 129-142, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789811268519_0008
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    More about this item

    Keywords

    Health; Economics; Health Economics; Health Care; Health Policy; Medicine; Medical Care; Health Systems; Health Insurance; Pandemic; COVID-19; ACA; Obamacare; Health Expenditures; Health Care Spending; Health Care Utilization; Health Outcomes; Life Expectancy; Mortality; Social Choice; Innovation; Personalized Medicine; Opioids; Opioid Epidemic; Deaths of Despair; Health Disparities; Social Determinants of Health; Hospitals; Doctors; Physicians; Patients; Polarization; Partisan Politics; Values; Inflation; Poverty ;
    All these keywords.

    JEL classification:

    • I1 - Health, Education, and Welfare - - Health
    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

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