ABSTRACT
Post Keynesian economics has no specific association with health economics. In one sense this is perhaps unsurprising. Health economics is typically viewed as a branch of microeconomics. Conversely, Post Keynesian economics is viewed by many as a distinct approach to macroeconomics. It has, however, always invoked a strong microeconomic analysis and, as noted above in Chapter 7 many Post Keynesians have begun to make positive contributions to the various subdisciplines of economics. Nevertheless, no attempt has been made to consider what Post Keynesian economics might have to offer health economics. This is perhaps rather more surprising given that health expenditure has become a prime component of fiscal strategy with its concomitant implications for productivity, employment and income distribution in most advanced industrialised societies. The purpose of this chapter is thus to attempt to delineate the elements of a Post Keynesian approach to health economics.
