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