Do Health and Longevity Create Wealth?
Health, of course, is vital for productivity and quality of life, and it is understood that as society accumulates more wealth it can provide better health benefits for its people. But health as a driver of the economy is a relatively new concept within scholarly and economics studies.
During his tenure as an economist at the ILC-USA, Anthony Webb undertook an intensive exploration of the existent scholarly literature on the connection between health and wealth.
The resulting report β "Do Health and Longevity Create Wealth" β is a thoughtful and carefully nuanced examination of the subject. Dr.Webb discusses trends in disparities in health and longevity, and the evidence regarding whether health and longevity do indeed create wealth.
As Robert Fogel, 1993 Nobel laureate in economics, noted, βThe railroad was the economic driver in the nineteenth century, the automobile [and oil] in the twentieth, and health care innovation will be in the twenty-first.β
To buy the report or learn more about this topic, click on our Related Links, below.
Back
Related Links: Do Health and Longevity Create Wealth