Chicago Economist Receives 'Genius' Award

Mr. [Kevin M. Murphy] and his co-author, Robert Topel, calculate that just a 1% reduction in deaths from cancer would have an economic value of about $500 billion to the U.S. They say reduced mortality from heart disease since 1970 has been worth $1.5 trillion a year to the U.S.

Kevin M. Murphy.....was one of 25 people named as 2005 fellows by the MacArthur Foundation......

From Asian Wall Street Journal 21.09.2005