Here is Zhong Shan, the Vice Minister of Commerce in the People’s Republic of China: The government protects the legitimate rights and interests of foreign investors in accordance with laws. This is true – no foreign company has had assets expropriated since Mao was in office. And the US, you know, just has a wonderful […]
Daily Archive for March 27th, 2010
Income Elasticity of Demand for Health Spending
Posted in Health Care on Mar 27th, 2010
It is well known that the “US” spends more on health care than any other country on earth. This is true in per capita terms and it is true as an overall share of GDP. According to the OECD, the U.S. spends 5% of GDP more on health than France, the nation with the second […]
