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The fiscal future of the NHS: an economist’s rant

As the NHS enters its seventh decade, it is reasonable to ask what its future might look like in fiscal terms; that is, do we have a model that is sustainable under the auspices of public expenditure?...

 

The jumbo jet and the postage stamp

When the Department of Health released the latest NHS finance figures predicting a surplus for the NHS of £1.8 billion for 2007/8 under the banner “NHS on sound financial footing to plan for the future,” the press release included quotes by the health secretary and the chief executive of the NHS which both reinforced the view that the predicted surplus is good news...

 

 

   
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