Friday, September 23, 2011

Diseases and Health (September 19th, 2011)

Diseases
  • We have better technology to spot any type of those diseases.
  • Bone structure has increased now as we are all different.
  • The Flynn Effect
    • Cognitive science of measurement of intelligence.'
Health Care
  • Medical innovations have been beneficial hence the increase in mortality.
    • Economic gains should be getting larger in population.
    • Values on human lives and the growth of the values towards human beings and income.
  • Income has become the life expectancy correlation.
Living Standards in the United States
  • Labor Market
  • Health - "I love Cancer"
  • Income Revisted
  • Household Inventories
  • Human Capital
Productivity Multiplies
160 hours in 1895 to buy a bike but 7 hours in 1997 to buy the bike. The bikes are also improved than that of those bies before.

We are now consuming different types of things. The cost of the services and not the ways to get to those services. Our standards of living is 25 times better than the 7. Consumption of how to do it and the way you do it while our services are free.

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