Brilliant article examining the role of health care costs in our - TopicsExpress

Brilliant article examining the role of health care costs in our society. Healthcare, unlike almost all other industries, is considered a drain on a nation’s economy by policymakers. The bigger the portion of a nation’s economy that is devoted to health, the bigger the healthcare problem is perceived to be for that nation. If, for example, the percentage of GDP devoted to video games was rising, it would be ludicrous to be alarmed. On the contrary, video games would be viewed as a “growth” industry in which investors would direct capital to avail themselves of the profits achievable. However, no one views increased healthcare spending as a boon to an economy. Why is healthcare different?

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