Health

Is your living room the future of hospital care?

Hospital-level care at home—some of it provided over the internet—is poised to grow after more than a decade as a niche offering, boosted both by hospitals eager to ease overcrowding during the pandemic, and growing interest ...

Diseases, Conditions, Syndromes

Prevalence of multiple chronic conditions up among veterans

The prevalence of multiple chronic conditions (MCC) is higher for male and female veterans versus nonveterans, according to a study published online Feb. 23 in the National Health Statistics Reports, a publication from the ...

Diseases, Conditions, Syndromes

US rushes to catch up in the race to detect mutant viruses

Despite its world-class medical system and its vaunted Centers for Disease Control and Prevention, the U.S. fell behind in the race to detect dangerous coronavirus mutations. And it's only now beginning to catch up.

Medical economics

U.S. health care spending increased 4.6 percent in 2019

Health care spending in the United States increased 4.6 percent in 2019, which was a similar rate of growth as that seen in 2018, according to a report published online Dec. 16 in Health Affairs.

Diseases, Conditions, Syndromes

Masks don't just save lives, they also boost economy

The economy and coronavirus pandemic were two of the top issues for voters in the 2020 election, according to exit poll surveys. Notably, 52% of voters said controlling the pandemic was more important, even if it hurts the ...

Medical economics

Expanding Medicaid in holdout states could insure 3.9 million

(HealthDay)—Expanding Medicaid to all states could reduce the number of uninsured by 28 percent based on pre-COVID-19 data, according to a report released by the Urban Institute and the Robert Wood Johnson Foundation.

Health

Look at method used to assess state of public health system

To assess the state of the public health system in the United States, KHN, also known as Kaiser Health News, and The Associated Press analyzed data on government spending and staffing at national, state and local levels.

page 1 from 35

Consumption (economics)

Consumption is a common concept in economics, and gives rise to derived concepts such as consumer debt. Generally consumption is defined by opposition to production. But the precise definition can vary because different schools of economists define production quite differently. According to some economists, only the final purchase of goods and services constitutes consumption, and every other commercial activity is some form of production. Other economists define consumption much more broadly, as the aggregate of all economic activity that does not entail the design, production and marketing of goods and services (e.g. "the selection, adoption, use, disposal and recycling of goods and services").

Likewise, consumption can be measured by a variety of different metrics such as energy in energy economics . The total consumer spending in an economy is generally calculated using the consumption function, a metric devised by John Maynard Keynes, which simply takes the aggregate disposable income and multiplies it by a "marginal propensity to consume". This metric essentially defines consumption as the part of disposable income that does not go into savings. But disposable income in turn can be defined in a number of ways - e.g. to include borrowed funds or expenditures from savings.

This text uses material from Wikipedia, licensed under CC BY-SA