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Public Goods Population Growth. HAS 3150. Air vs Arthroscopic Surgery. Can’t charge for air Two dimensions of “publicness”. Social Costs. Garbage Story. Risk Pooling. Choice Change affects everyone. Milk or Bread. Government regulation. Externalities. Milk STDs Epidemics.
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Public GoodsPopulation Growth HAS 3150
Air vs Arthroscopic Surgery • Can’t charge for air • Two dimensions of “publicness”
Social Costs • Garbage Story
Risk Pooling • Choice • Change affects everyone
Milk or Bread • Government regulation
Externalities • Milk • STDs • Epidemics
Birth and Death Rates • Natural rate of population increase =
Demographic Transition • Agricultural = Industrial
Income Distribution • Hunter-Gatherer • Agricultural • Industrialize
Income and Health • It is hard to show that medical care has an independent effect on average life expectancy.
Value of Life • Reducing risk of death • Expect progress • Rise in medical technology • Specialists • Clinics • Use of statistics