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The Economic Value of Targeting Aging: Delaying Aging is More Valuable than Curing Critical Illnesses
Health

The Economic Value of Targeting Aging: Delaying Aging is More Valuable than Curing Critical Illnesses

by Chief editor of world-today-news.com February 22, 2024
written by Chief editor of world-today-news.com

Preventing aging is better than treating critical illness

Studies have found that delaying aging is more valuable than curing individual critical diseases. For Americans, delaying aging and increasing life expectancy by ten years is worth more than $7 trillion per year!

When I was in graduate school, my professor at the University of Chicago, Kevin Murphy, was studying the economic contribution of medical innovation. He found that in the thirty years since the 1970s, the decline in heart disease mortality alone had made Americans life expectancy increased by more than 3 years. Coupled with the prevention and treatment of cardiovascular disease and various cancers, the average life expectancy is increased by about 5 years. Human life has a price, and the economic contribution of these medical innovations brings a return worth more than $3 trillion to the United States every year, which is equivalent to half of GDP!

Yes, after the “epidemiological transition” of the last century, the epidemics that threaten humanity have shifted from infectious diseases that threaten younger generations to chronic diseases that threaten older generations, and dealing with cardiovascular diseases and For chronic diseases such as various cancers, the mainstream medical response is that treatment is better than prevention. Just imagine that the more successful the investment in treating heart disease is, the higher our chances of surviving to the age of 60 will be, and the greater the risk of various cancers. As a result, the demand for prevention and treatment of various cancers will be greatly increased. Think about it, when cancer doesn’t kill us, prevention and treatment of neurodegenerative diseases like Alzheimer’s and Parkinson’s will only become more valuable. Therefore, I think the most important economic revelation of health capital in the twentieth century is the increasing returns on health investment, and this increasing return is due to the complementary relationships between different health capital investments.

Let’s test everyone, who is the number one killer and the highest risk factor for cardiovascular disease? Is it high blood sugar? Or high blood pressure or hyperlipidemia? No, the answer is advanced age! It turns out that older age is the highest risk factor for all chronic diseases. To tell the story of longevity in the 21st century, experts from two major disciplines recently jointly published an article “The Economic Value of Targeting Aging”. The article pointed out: In the 21st century, extending healthspan is more valuable than purely extending lifespan. , and delaying aging is more valuable than curing individual critical diseases. Delaying aging and increasing life expectancy by ten years is estimated to be worth more than 7 trillion U.S. dollars in return per year. By resisting aging, we can ultimately meet all our health needs.

The author is the chief economist of Orientis (studied from the Chicago School of Economics, and excels in business because he believes that business practice is the best standard for testing market truth.)

2024-02-21 20:30:16

#Preventing #aging #curing #critical #illness #am730

February 22, 2024 0 comments
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Hong Kong’s Governance and the Challenges of Implementing ‘One Country, Two Systems’ in a Changing Political Landscape
News

Hong Kong’s Governance and the Challenges of Implementing ‘One Country, Two Systems’ in a Changing Political Landscape

by Chief editor of world-today-news.com February 22, 2024
written by Chief editor of world-today-news.com

In order to ensure a smoother transition to the 1997 return and for Hong Kong to continue to play a role that other Chinese cities may not necessarily be able to play after the return, Deng Xiaoping promised that the central government would allow Hong Kong to continue to implement the capitalist system and allow Hong Kong people to rule under one country, two systems. port.

At first, some Hong Kong people did not trust Deng Xiaoping’s promises, and there was a wave of immigrants. However, people soon discovered that after the handover, Hong Kong did not implement the socialist system like the mainland. Not only did “the horses still run, but the dance still dances.” , and there are guarantees of private property rights. Even some Western think tanks believe that Hong Kong is more capitalist than many Western capitalist countries.

Since there are also opportunities for personal development in Hong Kong, and the rapid development of China’s economy has provided Hong Kong with many business opportunities, many immigrants have returned to Hong Kong for development, and foreign investors have also used Hong Kong as a springboard. Entering mainland China, I want to eat a lot of food.

In this way, Hong Kong’s original functions can not only be brought into play, but some places can also be performed better than before. China also thought that it was done.

Unfortunately, there have been great differences between China and the Western camp on the issue of Hong Kong people governing Hong Kong, resulting in numerous social conflicts after the handover. It has also led to serious social unrest on many occasions.

The reason for this situation is that the West is unwilling to return Hong Kong’s sovereignty to China and attempts to continue to control the direction of Hong Kong’s development after 1997. In Hong Kong, they flaunted that Hong Kong people govern Hong Kong and set up their own Hong Kong governance team in an attempt to seize power so that Hong Kong would no longer be influenced by Beijing and instead serve the interests of the West. Of course, China will not accept this, so it has to apply the nationwide national security law to Hong Kong to eliminate forces that are manipulated by foreign countries.

This is an action that any sovereign country would take, and Beijing will not hesitate because of the economic cost. In order to better control the situation, Beijing has emphasized the voice of one country over two systems in recent years. As a result, some people feel that Hong Kong people have less authority to govern Hong Kong. Western countries, led by the United States, also used this as an excuse to say that Hong Kong is no longer different from other Chinese cities and will no longer grant special treatment to Hong Kong.

It is for this reason that it will be more difficult than before for Hong Kong to play a role that other Chinese cities cannot. After Hong Kong’s functions are restricted, stock and property prices will inevitably be affected. It will naturally be more difficult for Hong Kong people to achieve better results than before. However, as the situation calms down, Beijing should gradually relax the standards for governing Hong Kong so that Hong Kong people can have more practical content in governing Hong Kong. This will help Hong Kong establish its own special status in the world.

At present, Hong Kong is more practical in implementing the capitalist system, but in implementing Hong Kong people’s governance of Hong Kong, it is more formal than practical. We hope that there will be more improvements in the future.

2024-02-21 20:31:55
#Hong #Kong #handover #am730

February 22, 2024 0 comments
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Weight Management Methods: Surgery and Non-Surgery for Obesity-Related Diseases
Health

Weight Management Methods: Surgery and Non-Surgery for Obesity-Related Diseases

by Chief editor of world-today-news.com February 17, 2024
written by Chief editor of world-today-news.com

Weight management methods include multiple surgeries to shrink the stomach and keep you from being hungry

Weight management is popular nowadays, and there are many methods. Dr. Wong Kin-hung, Honorary Clinical Associate Professor of the Department of Surgery, Faculty of Medicine, The Chinese University of Hong Kong, pointed out that weight can generally be managed through diet and exercise, followed by medication. When medications and diet are not effective, other auxiliary methods may be needed, including surgery and non-surgery.

Huang Jianhong pointed out that there are surgical and non-surgical methods to help patients with diseases caused by obesity manage their weight.

Who needs weight management? Huang Jianhong said that the simplest indicator is the BMI body mass index, which is weight (kg) / height (meter) 2. “Theoretically, the normal BMI level for Asians is 23, and if it exceeds 28.5, it is defined as obesity. Although BMI is just a number , but if obesity has caused internal medical diseases in the body, such as high blood pressure, sleep apnea, fatty liver, etc., weight management needs to be seriously considered.” When drugs and diet are not effective, you can consider the following three commonly used aids method.

The first step in weight management is improving your eating habits.

Water balloon placed in the stomach: 10% to 14% weight loss

Huang Jianhong said that this is a non-surgical treatment. “It mainly uses a gastroscope to put the capsule into the patient’s stomach through the esophagus. Some patients can swallow the capsule on their own. Then about 500 ml of water is injected into the capsule to expand it into a water balloon. The water balloon is then left in In the stomach, on the one hand, it makes the stomach itself feel full for a long time. On the other hand, when a certain amount of food is eaten, the water ball will move and block the gastric outlet like a valve, so that the patient can no longer eat too much, thereby controlling the food intake to achieve reduction. Serious effects. Of course, at the same time, guidance and assistance from a nutritionist is also needed to adjust a suitable diet.”

The water balloon is always a foreign object and is not permanent. It needs to be removed in about 4 months to a year. Generally, it can reduce 10% to 14% of the body weight. Patients need to improve their overall lifestyle habits such as diet and exercise during the period when the water balloon is placed, and maintain it after the water balloon is removed, in order to achieve sustained weight loss. “There are also cases where water balloons are removed and then supplemented with weight loss drugs. In addition, water balloons can also be used as auxiliary treatment before surgery. It is easier to achieve the desired effect by losing part of the weight first and then performing ‘gastric reduction surgery.'” Huang Jianhong said.

Gastric reduction surgery: reduce body weight by 20% to 30%

Gastric reduction surgery is a permanent treatment. “Simply put, it involves endoscopic resection of the “greater curvature” of the stomach, changing its shape from a bag to a tube-like shape. There is no place for food storage, leaving only a passage for food. , the purpose is to reduce the capacity of the stomach. Secondly, the greater curvature of the stomach itself secretes hunger hormone (ghrelin). This hormone is greatly reduced after resection, and it is not easy to feel hungry even if the food intake is small. Many patients only eat food every day after surgery You won’t feel hungry even if you eat 800 to 1,000 calories, and you won’t be looking for something to eat everywhere, so the weight loss effect is more significant, and you can generally reduce your weight by 20% to 30%.”

Gastric reduction surgery is permanent. Some patients are more likely to suffer from acid reflux after surgery. Generally speaking, as long as they gradually develop new living habits and cooperate with eating speed and weight, acid reflux will be alleviated. Although the surgery itself is minimally invasive, it also requires general anesthesia and carries certain risks. Not every patient may accept it. Therefore, there is another surgery that falls somewhere between water balloon and gastric shrinkage: endoscopic gastric suturing.

Endoscopic gastric suturing: still secretes hunger hormone

Huang Jianhong pointed out that endoscopic gastric suturing is also a permanent method. “The method is to extend the endoscope into the stomach and tie up the greater curvature of the stomach, thereby narrowing the gastric capacity. The advantage is that there is no need to remove the greater curvature of the stomach. , there are no wounds, it is a choice between surgery and non-surgery, and it requires general anesthesia. Also, because the greater curvature of the stomach is still there, that is, ghrelin is still secreted, so the patient’s feeling of hunger will be stronger, depending on the patient’s condition. choose.”

2024-02-15 20:29:52

#Weight #management #methods #include #multiple #surgeries #shrink #stomach #hungry #am730

February 17, 2024 0 comments
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Mainland China Removes Home Purchase Qualification Review in Real Estate Market Optimization Initiative
Business

Mainland China Removes Home Purchase Qualification Review in Real Estate Market Optimization Initiative

by Chief editor of world-today-news.com February 5, 2024
written by Chief editor of world-today-news.com

Mainland China is gradually removing the review of home purchase qualifications

Recently, the Guangzhou Municipal Government announced the “Notice on Further Optimizing Policies for the Stable and Healthy Development of the City’s Real Estate Market”, canceling the qualification review for buyers of houses with a construction area of ​​120 square meters (approximately 1,291 square feet) or more, which is the so-called Purchase limit.

The mainland’s home purchase qualification review is not to examine the affordability of home ownership, but to implement the policy of “housing for living, not for speculation” and restricting non-local buyers and people who already own local homes from purchasing local homes. When the real estate market was overheating in the past, the mainland government enacted various purchase restrictions to curb non-owner-occupied investments from distorting the market.

Since a large number of developers in the Mainland experienced explosions, in order to speed up the return of funds, developers have reduced prices for sales, causing prices to drop repeatedly. This situation has caused investors to lose confidence. Not only do they dare not enter the market, some even fight with developers to withdraw from the market, making the market even weaker and causing construction costs to plummet. This kind of development will evaporate the social assets of the mainland and weaken people’s consumption intention and investment ability, which is very detrimental to economic development.

In order to reverse the situation, the mainland has successively lifted home purchase restrictions in third- and fourth-tier cities, but the effect has not been outstanding. Recently, such market optimization policies have been extended to first- and second-tier cities. Although Guangzhou’s relaxation of purchase restrictions this time is limited to large units of more than 120 square meters, the direction of the policy is very clear.

It is obvious that the government has realized that the most urgent need for current policies is no longer to restrict the entry of funds into the real estate market, but to introduce more funds into the real estate market. At least it should no longer hinder the entry of funds into the real estate market. Only in this way can we help developers reduce inventory and give banks a chance to gradually recover the money they loaned to developers. Only in this way can banks continue to provide credit to developers. Otherwise, even if the central government continues to appeal, banks will not lend money to a developer that is about to go bankrupt.

China’s real estate has been over-developed. If the houses built can only be sold to self-occupied households, they are destined to be indigestible, and the funds previously invested in real estate will not be released for a long time. For a society’s economy to develop rapidly, it needs sufficient funds to provide liquidity. At present, China has tens of trillions of funds trapped in real estate. If the idle capital of the private sector is not used to release all of these funds that could originally provide liquidity, China’s economic development will inevitably be hindered.

The announcement of the lifting of purchase restrictions in Guangzhou coincides with the Spring Festival. People are busy preparing for the New Year, so the market reaction is not strong. I believe that the real effect will not be seen until after the Spring Festival. However, the market generally believes that this kind of policy should be promoted not only in Guangzhou, but also in other first-tier cities, and should not be limited to houses with an area of ​​more than 120 square meters. Only in this way can more funds be released.

2024-02-04 20:31:56
#Mainland #China #gradually #removing #review #home #purchase #qualifications #am730

February 5, 2024 0 comments
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China’s Population Decline: Impact on Economy and Future Trends
World

China’s Population Decline: Impact on Economy and Future Trends

by Chief editor of world-today-news.com January 24, 2024
written by Chief editor of world-today-news.com

The impact of China’s population decline on the economy

According to newly released figures from the National Bureau of Statistics, the national population in 2023 will be 1.40967 billion, a decrease of 2.08 million people from the end of 2022, and a negative number for two consecutive years. The total number of births in 2023 will be 9.02 million, with a birth rate of 0.64%; the number of deaths will be 11.1 million, with a mortality rate of 0.787%; the natural population growth rate is -0.148%. If we look purely at the number of births, the number has been declining for seven consecutive years. However, the degree of population aging was not as severe as it is now, so that positive population growth can be maintained. As the problem of population aging further intensifies (which cannot be changed), if the birth rate cannot be increased, it will be difficult for China to reverse the trend of declining population.

Because China once enforced the one-child policy, the age structure will change faster than other places. At present, China’s working population is at its peak, and the negative impact on the economy caused by a slight decline in population is still very slight; however, as the population further ages, the decline in the working population will accelerate, and the impact on the economy will then be relatively small. obvious.

Currently, China’s working population aged 16 to 59 is 864.8 million, accounting for 61.3% of the national population. In the future, China’s working population will gradually decline from this peak, and the positive impact of the demographic dividend on the economy will come to an end. In the future, China’s economic growth will rely more on improvements in production technology and management efficiency.

In recent years, China has greatly improved the quality of its labor force through the popularization of education. China already has the world’s strongest manufacturing army, which is invincible in the world. As long as the quality of this army can continue to improve, it will be enough to offset the decline in the number of people in this army.

However, changes in population structure, in addition to affecting productivity, will also have an impact on the distribution of social resources. As the population ages, the demand for medical benefits will increase, and the government will have to invest more resources in this area. As the government’s burden in this area increases, it will inevitably weaken the government’s infrastructure capabilities and slow down the overall development of society. This is the reason why European and American countries have been unable to update their infrastructure measures in a timely manner in recent years.

In addition, the government’s burden ultimately has to be shared by the people. Faced with the numerous welfare needs of an aging population, the government must either increase taxes to meet expenditures, or increase the proportion of out-of-pocket payments by users. This burden will ultimately fall on the new generation of working people.

In this case, the ability of the new generation to accumulate wealth will be weakened. If you lack savings, you may not dare to consume, which will affect the internal demand of society, and the economy may lack motivation. In addition, a lack of savings may also prevent people from starting a business hastily, hindering the momentum of economic development. From this perspective, as the population ages, China’s economic development will inevitably slow down.

#economic #impact #Chinas #declining #population #am730
2024-01-23 20:31:53

January 24, 2024 0 comments
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How to Recognize and Treat Pneumonia Symptoms Early to Avoid Long-Term Lung Damage
Health

How to Recognize and Treat Pneumonia Symptoms Early to Avoid Long-Term Lung Damage

by Chief editor of world-today-news.com January 18, 2024
written by Chief editor of world-today-news.com

Seek medical attention early if you have severe cough and thick phlegm due to sequelae of pneumonia.

Recently, due to the attack of the new coronavirus and the flu, many people have a few coughs. If the condition is not properly treated, it is more likely to develop into pneumonia. In severe cases, it can lead to long-term lung damage, reduced lung function and other sequelae. Therefore, if you have cough symptoms, especially if you cough up thick, yellow-green or bloody sputum, you must seek medical advice as soon as possible.

Respiratory system specialist Dr. Tan Zijun said that pneumonia refers to the infection and inflammation of lung tissue, which can affect a single lobe or both lungs. “The most common cause is bacterial infection, such as pneumococcus, Legionella and Mycobacterium tuberculosis. Secondly, it is viral infection. Others can also cause pneumonia due to fungal, parasitic infection, or inhalation of harmful substances.”

Tan Zijun said that children, the elderly and patients with chronic diseases are at greater risk of contracting pneumonia.

or chest pain accompanied by fever

Having an upper respiratory tract infection does not necessarily lead to pneumonia, but it can increase your risk. As for how patients can tell whether their lungs are infected, Tan Zijun said, “Upper respiratory tract infections are often accompanied by nasal congestion, sore throat and cough, and the cough may be dry or have a small amount of phlegm. Pneumonia coughs usually contain phlegm and are more common. It is sticky and may be accompanied by symptoms such as fever, chest pain and difficulty breathing. Please note that cough alone may not be able to accurately distinguish, and if you have any suspicion, you should seek medical advice as soon as possible.”

If fibrosis occurs in the lungs, it will reduce lung capacity and affect lung function.

Lung function or impairment

Pneumonia can cause a variety of complications, which are more likely to occur in the elderly, patients with chronic diseases or those with compromised immune function, such as pneumonitis, sepsis and respiratory failure, which can lead to serious consequences and even death. Tan Zijun continued, “Even if they can recover from pneumonia, some patients still have to face sequelae.”
‧Pulmonary fibrosis: Lung tissue becomes fibrotic due to infection and inflammation, that is, connective tissue hyperplasia, leading to impaired lung function.
‧Lung abscess and empyema: A mass of pus forms in the lung tissue. Empyema is a condition in which pus accumulates around the lung membrane.
‧Bronchiectasis: Bronchiectasis makes the respiratory tract susceptible to infection and inflammation.

Recoverable with appropriate treatment

Pneumonia treatment depends on the cause of the pneumonia. Doctors will also use tools such as the Pneumonia Severity Index and CURB-65 scoring system to assess the patient’s risk and formulate a personalized treatment plan. Tan Zijun explained, “Bacterial pneumonia is usually treated with antibiotics, while viral pneumonia is mainly treated with supportive symptoms. Adequate rest, adequate fluid intake, antipyretic drugs, and symptom-relieving drugs may be used to relieve symptoms. In severe cases, will require hospitalization. Most healthy people can recover with appropriate treatment, but recovery time varies depending on the severity of the condition and the individual’s health. During treatment, it is very important to follow your doctor’s instructions and complete the entire course of treatment. important.”

good personal hygiene

To prevent pneumonia, you can get pneumococcal vaccine and influenza vaccine to reduce the risk of infection, especially the elderly, young children, long-term smokers or people with chronic diseases. In addition, although it is a cliché, maintaining good personal hygiene, washing hands frequently, avoiding contact with sick people, maintaining social distance, and regularly cleaning and disinfecting frequently touched surfaces can all help prevent infection. Maintaining a balanced diet, adequate sleep, moderate exercise and stress reduction can enhance personal immunity.

2024-01-18 20:28:41

#Seek #medical #attention #early #severe #cough #thick #sputum #due #sequelae #pneumonia #am730

January 18, 2024 0 comments
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