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Book cover of Measuring the gains from medical research

Measuring the gains from medical research

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2003240 pagesUniversity Of Chicago Press

Synopsis

In 1998, health expenditures in the United States accounted for 12.9 percent of national income - the highest share of income devoted to health in the developed world. The United States also spends more on medical research than any other country - in 2000, the federal government dedicated $18.4 billion to it, compared with only $3.7 billion for the entire European Union. In this book, health economists ask whether we are getting our money's worth.

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Authors

Kevin M. Murphy is an economist recognized for his contributions to social science. His notable work, Social Economics, examines the interplay between economic principles and societal structures. He offers clear insights into how economics shapes our world.

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Edition

Book cover of Measuring the Gains from Medical Research
4 editions available