segunda-feira, 27 de janeiro de 2020

Nobel Stiglitz__ A sick and desperate country


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"

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 ?