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Science 25 August 2000:
Vol. 289. no. 5483, p. 1275
DOI: 10.1126/science.289.5483.1275
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News Focus

ECONOMICS:
'To Your Health' Is More Than a Toast to Economists

David Malakoff

Whereas growth accountants use standard monetary measures of return on investment to estimate information technology's impact on productivity, those who study the country's $45 billion annual investment in biomedicine tend to talk instead about "the social rate of return." In health, they argue, the coin of the realm is having a longer, more comfortable life. Two reports released last May conclude that this return is huge-in some cases, more than $20 for every dollar invested.

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Science. ISSN 0036-8075 (print), 1095-9203 (online)