Economists in Support of Medicare for All

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Economists in Support of
Medicare for All


Dear All,

The Progressive Democrats of America and National Economic and Social Rights Initiative (NESRI) have organized together the petition pasted below in support of Medicare for All. As of right now, they are trying to collect signatures from economists with academic positions. If you happen to be in that category, I hope you will consider signing the petition.
 
If would like to sign, you can fill out this form or e-mail Ben Palmquist of NESRI at .

Regards,
Bob Pollin


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Economists in Support of a Medicare for All Health Care System

An Open Letter to the Congress and People of the United States

 
May 2019
 
As economists, we understand that a single-payer “Medicare for All” health insurance system for the U.S. can finance good-quality care for all U.S. residents as a basic right while still significantly reducing overall health care spending relative to the current exorbitant and wasteful system. Health care is not a service that follows standard market rules. It should therefore be provided as a public good.
 
Evidence from around the world demonstrates that publicly financed health care systems result in improved health outcomes, lower costs, and greater equity. As of 2017, the U.S. spent $3.3 trillion annually on health care. This equaled 17 percent of U.S. GDP, with average spending at about $10,000 per person. By contrast, Germany, France, Japan, Canada, the U.K., Australia, Spain and Italy spent between 9 – 11 percent of GDP on health care, averaging $3,400 to $5,700 per person. Yet average health outcomes in all of these countries are superior to those in the United States. In all of these countries, the public sector is predominant in financing heath care.
 
For these reasons the time is now to create a universal, single-payer, Medicare for All health care system in the United States. 
 
Public financing for health is not a matter of raising new money for healthcare, but of reducing total healthcare outlays and distributing payments more equitably and efficiently. Implementing a unified single-payer system would reduce administrative costs and eliminate individuals' and employers' insurance premiums and out-of-pocket costs.  If combined with public control of drug prices and a dramatically simplified global budgeting system, a sensible Medicare financing system would reduce healthcare costs while guaranteeing access to comprehensive care and financial security to all.
 
As such, we support publicly and equitably financed health care through a Medicare for All system at the Federal level, as described in H.R. 1384 and S. 1129. We encourage Congress to move forward with implementing a public financed Medicare for All plan to achieve the equitable and affordable universal health care system that the American people need.    
 
Signed (as of May 9),

Randy Albelda, Professor of Economics, University of Massachusetts Boston
Jack Amariglio, Emeritus Professor of Economics, Merrimack College
Glen Atkinson, Emeritus Professor of Economics, University of Nevada, Reno
Ron Baiman, Assistant Professor of Economics, Benedictine University
Dean Baker, Senior Economist, CEPR
Radhika Balakrishnan, Professor, Rutgers University
Nina Banks, Associate Professor of Economics, Bucknell University
Charles Barone, Professor Emeritus, Dickinson College
Peter H. Bent, Assistant Professor, American University of Paris
Cyrus Bina, Distinguished Research Professor of Economics, University of Minnesota (Morris Campus), and Fellow, Economists for Peace and Security
Howard Botwinick, Associate Professor of Economics, SUNY Cortland
Roger Even Bove, Ph.D. in Economics, West Chester University (retired)
James K. Boyce, Professor Emeritus, University of Massachusetts Amherst
Michael Brün, Instructor, Heartland Community College
Antonio Callari, Professor, Franklin and Marshall College
Jim Campen, Professor of Economics, Emeritus, University of Massachusetts Boston
Robert Chernomas, Professor of Economics, University of Manitoba
Kimberly Christensen, Economics Professor, Sarah Lawrence College
Nathaniel Cline, Associate Professor, University of Redlands
Richard Cornwall, Professor Emeritus, Middlebury College
Dr. James Cypher, Professor of Economics, Universidad Autonoma de Zacatecas, Mexico, and Emeritus Professor, California State University
Carmen Diana Deere, Distinguished Professor Emerita, University of Florida
Firat Demir, Professor, University of Oklahoma
James G. Devine, Professor of Economics, Loyola Marymount University
Geert Dhondt, Associate Professor, John Jay College, CUNY
Marie C. Duggan, Professor of Economics, Keene State College
Amitava Krishna Dutt, Professor of Economics and Political Science, University of Notre Dame
Gerald Epstein, Professor of Economics, University of Massachusetts Amherst
Sean Flaherty, Professor of Economics, Franklin and Marshall College
Nancy Folbre, Professor Emerita of Economics, University of Massachusetts Amherst
Gerald Friedman, Professor of Economics, University of Massachusetts at Amherst
Armagan Gezici, Associate Professor of Economics, Keene State College
Helen Lachs Ginsburg, Professor Emerita of Economics, Brooklyn College/CUNY
Neva Goodwin, Co-director, GDAE, Tufts University
Robert Guttmann, Augustus B Weller Professor of Economics, Hofstra University
Robin E Hahnel, Professor Emeritus, American University
John Battaile Hall, Professor of Economics, Portland State University
Greg P. Hannsgen, Founder and Blogger, Greg Hannsgen's Economics Blog, and Research Associate, Levy Economics Institute of Bard College
Baban Hasnat, Professor of International Business, SUNY Brockport
F. Gregory Hayden, Professor, University of Nebraska-Lincoln
John Forrest Henry, Senior Scholar, Levy Economics Institute, and Adjunct Professor, University of Missouri-Kansas City
P. Sai-wing Ho, Professor, University of Denver
Eric Hoyt, Ph.D. in Economics, University of Massachusetts, Amherst, and Research Director, Center for Employment Equity
Dorene Isenberg, Professor of Economics, University of Redlands
Fadhel Kaboub, Associate Professor of Economics, Denison University, and President, Global Institute for Sustainable Prosperity
Stephanie A Kelton, Professor of Economics and Public Policy, Stony Brook University, and Senior Economic Advisor, Bernie2020 Presidential Campaign,
Mu-Jeong Kho, University College London (UCL), the University of London
Mary C. King, Professor of Economics Emerita, Portland State University
Brent Kramer, Adjunct Assistant Professor, City University of New York
Patrick L Mason, Professor of Economics, Florida State University, and Director, African American Studies Program,
David Laibman, Professor (Emeritus), Economics, City University of New York, and Editor, Science & Society
Thomas Lambert, Lecturer, University of Louisville
An Li, Assistant professor, Sarah Lawrence College
Arthur MacEwan, Professor Emeritus of Economics, University of Massachusetts Boston
Zagros Madjd-Sadjadi, Full Professor of Economics, Winston-Salem State University, and Former Chief Economist, City and County of San Francisco
Thomas Masterson, Director of Applied Micromodeling, Levy Economics Institute of Bard College
Dr. Scott McConnell, Associate Professor of Economics, Eastern Oregon University, and Owner/CEO, Side A Brewing
Elaine McCrate, Economics Professor Emerita, University of Vermont
Terrence McDonough, Professor Emeritus, National University Ireland Galway
Martin Melkonian, Adjunct Associate Professor, Economics, Hofstra University
Katherine A. Moos, PhD, Assistant Professor of Economics, University of Massachusetts Amherst
Tracy Mott, Professor, University of Denver
Julie A. Nelson, Professor, University of Massachusetts Boston
Reynold F. Nesiba, Professor of Economics, Augustana University
Eric Nilsson, Professor, California State University San Bernardino
Chiara Piovani, Associate Professor, University of Denver
Robert Pollin, Distinguished Professor of Economics, University of Massachusetts-Amherst, and Co-Director, Political Economy Research Institute (PERI)
Devin T. Rafferty, Assistant Professor, Saint Peter's University, and Founding Director, MS Finance Program,
Leonard Rodberg, Emeritus Professor of Urban Studies, Queens College/CUNY
Jaime Ros, Emeritus Professor, University of Notre Dame, and Professor of Economics, National Autonomous University of Mexico
Trevor R. Roycroft, Ph.D., Professor Emeritus, Ohio University
David F. Ruccio, Professor of Economics, University of Notre Dame
Jeffrey D. Sachs, Professor, Columbia University
John Sarich, The Cooper Union for the Advancement of Science and Art
John Schmitt, Vice President, Economic Policy Institute
Stephanie Seguino, Professor of Economics, University of Vermont
Anwar Shaikh, Professor, New School for Social Research
Jose A. Tapia, Associate Professor, Drexel University
Daniele Tavani, Associate Professor, Colorado State University
Pavlina R. Tcherneva, Program Director and Associate Professor of Economics, Bard College, and Research Associate, Levy Economics Institute
Chris Tilly, Professor of Urban Planning, UCLA Luskin School of Public Affairs
Mayo Toruno, Professor Emeritus, California State University San Bernardino
Eric Tymoigne, Associate Professor of Economics, Lewis & Clark College
Ramaa Vasudevan, Associate Professor, Colorado State University
William Waller, Professor of Economics, Hobart and William Smith Colleges
John P. Watkins, Professor of Economics, Westminster College, and Adjunct Professor of Economics, University of Utah
Scott A. Weir, Ph.D. in Economics, Retired
L. Randall Wray, Professor of economics and Senior Scholar, Bard College and Levy Economics Institute
Brenda Wyss, Associate Professor, Wheaton College Massachusetts
Yavuz Yasar, Associate Professor, University of Denver
Tai Young-Taft, Assistant Professor of Economics, Bard College at Simon's Rock, and Research Scholar, Levy Economics Institute of Bard College
June Zaccone, Assoc. Prof. (Emerita) of Economics, Hofstra University


 
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