Black America And The Economics Of The Healthcare Business

By Dr. Brooks Robinson\Black Economics.org IntroductionDespite our grandest efforts to ensure that BlackEconomics.org releases remain topically unbiased (i.e., that they reflect randomness), it turns out that over the past 18 months we have produced at least four releases that consider Black American health economics topics.[i] Also during the period, we prepared, but have temporarily withdrawn, a draft BlackEconomics.org Working Paper that considers Black Americans’ roles in the production and consumption of healthcare and related outcomes for multifactor productivity for the US Health services sector.[ii] This release on the health economics topic could reflect our personal bias due to our concerns about health or it could be that the winter season elevates concerns broadly about health. In any event, our intent is to be brief and share important (straightforward) statistics about the production of healthcareservices in the US, which we have not highlighted before, and which strongly reinforces our previous releases on the Black American healthcare topic. Also, we invite readers to consider two recent and interesting international press articles on health-related topics that are partially indicative of the stateof the world’s current healthcare economy. Important US Health Services Production StatisticsWe have cited often that the annual value of production of...