April 27, 2006
What's the cure to cancer worth?

Forthcoming in the next issue of the Journal of Political Economy, Kevin Murphy and Robert Topel put the value at $50 Trillion. A one percent decline in mortality in the United States is worth a paltry $500 billion.

More here

[HT: Digg.com]

Posted by Craig Depken at 08:58 PM in Economics  ·  TrackBack (0)

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