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Understanding Public Goods and Population Growth

Explore the intricate relationship between public goods and population growth, from the impact of social costs to the transition from agricultural to industrial societies. Learn how externalities, income distribution, and advancements in medical technology influence life expectancy and societal well-being.

december
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Understanding Public Goods and Population Growth

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  1. Public GoodsPopulation Growth HAS 3150

  2. Air vs Arthroscopic Surgery • Can’t charge for air • Two dimensions of “publicness”

  3. Social Costs • Garbage Story

  4. Risk Pooling • Choice • Change affects everyone

  5. Milk or Bread • Government regulation

  6. Externalities • Milk • STDs • Epidemics

  7. Birth and Death Rates • Natural rate of population increase =

  8. Demographic Transition • Agricultural = Industrial

  9. Income Distribution • Hunter-Gatherer • Agricultural • Industrialize

  10. Income and Health • It is hard to show that medical care has an independent effect on average life expectancy.

  11. Value of Life • Reducing risk of death • Expect progress • Rise in medical technology • Specialists • Clinics • Use of statistics

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