One of my favorite TV productions is The Commanding Heights by PBS. In this show you can grasp a concentration of change from economic, social and political viewpoints in the world during 20th century.
The Commanding Heights Storyline provides a complete netcast of the six-hour television program as originally broadcast — in three two-hour episodes. The [...]
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“Extreme poverty can be ended, not in the time of our grandchildren, but our time.” Thus forecasts Jeffrey D. Sachs, whose twenty-eight years of experience observing the world from many vantage points has helped him shed light on the most vital issues facing our planet: the causes of poverty, the role of rich-country policies, and [...]
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If you are interested in the idea of development and you are familiar with the concept of sustainable development most likely you know Professor Sen. He is winner of Noble prize of Economy in 1998 “for his contributions to welfare economics” for his work on famine, human development theory, welfare economics, the underlying mechanisms of [...]
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GINI index is a measure of income inequality in a society. A society that scores 0.0 on the Gini scale has perfect equality in income distribution. Higher the number over zero means higher inequality. The Gini coefficient was developed by an Italian statistician Corrado Gini and published in his 1912 paper “Variabilità e mutabilità” [...]
Filed under: Blogroll, Health Economy | Tagged: gini index, Health Economy, inequality | 1 Comment »
Last week in a Medical Care Class at the BU school of public health, we discussed about the health market, professor said that the health market is an imperfect market, because it doesn’t have the characteristics and assumptions adhered to a perfect market. A perfect market has some assumptions like rationality of the market [...]
Filed under: Blogroll, Health Economy, Law and Ethics | Tagged: essential human right, Medical Care, perfect market | 1 Comment »
One of the concepts that a health policy maker should be aware about it, is the measurement of opportunity cost in a policy or program. For example, if a city decides to build a hospital on vacant land it owns, the opportunity cost is the value of the benefits forgone of some other thing which [...]
Filed under: Blogroll, Health Economy | Tagged: Economics, Opportunity cost, Friedrich Freiherr von Wieser, microeconomics | No Comments »
