Friday, May 11, 2012

Simon Johnson on Why Economic History Matters | FiveBooks | The Browser


The healthcare experience in Europe varies. Costs have been controlled better in some places than others. The only countries that have really been able to hold those costs down – and which look likely to be able to hold them down going forward – are those with single-payer systems with more or less universal coverage. But the Americans don't want to hear this. It's not a popular message.

That's Britain, and who else?

Scandinavia. You can look in the back of the IMF Fiscal Monitor, the latest to come out. They have a table, I think it's table 9a, which gives you projected healthcare costs and the impact on the budget over a 20-30 year period.

---SPSmith

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