Its amazing how Nobel Stiglitz takes so seriously the duty of speaking the truth to power and
expose lies mentioned in the post above. Following the post about
him in here https://pacheco-torgal.blogspot.com/2019/11/nobel-stiglitz-strikes-again.html its worth reading the article that he recently
authored published a few days ago where he mentions strange but interesting
facts about USA:
"To get a good reading on a country’s economic
health, start by looking at the health of its citizens...Among developed
countries, America sits at the bottom in this regard...One reason for declining
life expectancy in America is what Anne Case and Nobel laureate economist Angus Deaton call deaths
of despair, caused by alcohol, drug overdoses, and suicide. In 2017
(the most recent year for which good data are available), such deaths stood
at almost four times their 1999 level" https://www.project-syndicate.org/commentary/grim-truth-about-trump-economy-by-joseph-e-stiglitz-2020-01
See for instance how USA performs concerning the "hospitalization rate for
patient with diabetes" for every 100.000 inhabitants:
USA.....................170
Denmark................98
Sweden..................79
Norway...................77
The Netherlands....59
Portugal.................52
Spain.....................45
Italy........................43
The ironic part is that according to OECD America has a much higher expenditure per person So where
s all the money gone ?
