The Health of Nations: Irving Fisher and the Contribution of Improved Longevity to Living Standards

William D. Nordhaus ()

No 1200, Cowles Foundation Discussion Papers from Cowles Foundation, Yale University

Abstract: Among Irving Fisher's many contributions to economics, one that is little noted and barely remembered is his emphasis on the economic importance of health. For the most part, his concern was in promoting healthy life styles. In addition, he made an early (perhaps the earliest) estimate of the impact of mortality and morbidity on national output.

Date: 1998-10
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Published in American Journal of Sociology and Economics (January 2005), 64(1): 367-392

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