Friday, September 15, 2017

Angus Deaton Deaths of Despair

New Hampshire was the highest earning state in 2016 and number 2 in opiod OD deaths.

Dear Angus Deaton with all due respect you might consider reassessing your deaths of despair theory. It never made much sense to me, there is in fact some evidence that people drink and drug more when they have more income and therefore access to booze and drugs, which is BTW a problem for my advocacy of legalization but I thin the positives would out weigh the negatives.

Related: Healh Insurance Might not be Good for Everyone

Added 2018-01-08  see here
In the preferred estimates, changes in economic conditions account for less than one-tenth of the rise in drug and opioid-involved mortality rates. The contribution of economic factors is even less when accounting for plausible selection on unobservables, with even a small amount of remaining confounding factors being sufficient to entirely eliminate the relationship. 

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