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The Health of Nations: Irving Fisher and the Contribution of Improved Longevity to Living Standards

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Abstract

Among Irving Fisher's many contributions to economics, one that is little noted and barely remembered is his emphasis on the economic importance of health. For the most part, his concern was in promoting healthy life styles. In addition, he made an early (perhaps the earliest) estimate of the impact of mortality and morbidity on national output.

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  • William D. Nordhaus, 1998. "The Health of Nations: Irving Fisher and the Contribution of Improved Longevity to Living Standards," Cowles Foundation Discussion Papers 1200, Cowles Foundation for Research in Economics, Yale University.
  • Handle: RePEc:cwl:cwldpp:1200
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    File URL: http://cowles.yale.edu/sites/default/files/files/pub/d12/d1200.pdf
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    1. Dora Costa & Richard H. Steckel, 1997. "Long-Term Trends in Health, Welfare, and Economic Growth in the United States," NBER Chapters,in: Health and Welfare during Industrialization, pages 47-90 National Bureau of Economic Research, Inc.
    2. David M. Cutler & Mark McClellan & Joseph P. Newhouse & Dahlia Remler, 1996. "Are Medical Prices Declining?," NBER Working Papers 5750, National Bureau of Economic Research, Inc.
    3. Dan Usher, 1973. "The Measurement of Economic Growth," Working Papers 145, Queen's University, Department of Economics.
    4. Dan Usher, 1973. "An Imputation to the Measure of Economic Growth for Changes in Life Expectancy," NBER Chapters,in: The Measurement of Economic and Social Performance, pages 193-232 National Bureau of Economic Research, Inc.
    5. Eisner, Robert, 1989. "The Total Incomes System of Accounts," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226196381, January.
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    Cited by:

    1. Matthew Clarke & Sardar M. N. Islam, 2003. "Health Adjusted GDP (HAGDP) Measures of the Relationship Between Economic Growth, Health Outcomes and Social Welfare," CESifo Working Paper Series 1002, CESifo Group Munich.

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