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Open letter from 100+ economists urges Vermont lawmakers to finance universal health care

Publication Date
February, 2015
Description

In a show of support for Vermont's Healthcare Is a Human Right campaign, over 100 economists from across the United States signed onto an open letter to Governor Peter Shumlin and the Vermont State Legislature urging lawmakers to pass legislation to equitably finance Green Mountain Care, which would become the first universal, publicly financed health care system in the country.

 

In support of universal, publicly financed health care in Vermont

Open letter to the Vermont Governor and Legislature from Economists in the U.S.

As economists, we understand that universal, publicly financed health care is not only economically feasible but highly preferable to a fragmented market-based insurance system. Health care is not a service that follows standard market rules; it should be provided as a public good. Evidence from around the world demonstrates that publicly financed health care systems result in improved health outcomes, lower costs and greater equity.

Public financing is not a matter of raising new money, but of distributing existing payments more equitably and efficiently. Especially when combined with provider payment reforms, public financing can lower administrative costs, share health care costs much more equitably, and ensure access to comprehensive care for all.

We support publicly and equitably financed health care at federal and state level, and we encourage the government of the state of Vermont to move forward with implementing a public financing plan for the universal health care system envisioned by state law.

Signed, 

1.    Randy Albelda
    Professor of Economics
    University of Massachusetts, Boston
2.    Michael Ash
    Professor of Economics and Public Policy
    University of Massachusetts Amherst
3.    Ron Baiman
    Assistant Professor, Graduate Business Administration
    Benedictine University
4.    Dean Baker
    Co-Director
    Center for Economic and Policy Research
5.    Radhika Balakrishnan
    Professor
    Rutgers University
6.    Nina Banks
    Associate Professor of Economics
    Bucknell University
7.    Peter H. Bent
    Researcher, Dept of Economics
    University of Massachusetts and Oxford University
8.    Cyrus Bina
    Distinguished Research Professor of Economics
    University of Minnesota
9.    Howard Botwinick
    Professor of Economics
    SUNY Cortland
10.    Roger Even Bove
    Department of Economics and Finance
    West Chester University
11.    James K. Boyce
    Department of Economics & Political Economy Research Institute
    University of Massachusetts Amherst
12.    Michael Brun
    Visiting Assistant Professor of Economics
    Illinois State University
13.    Antonio Callari
    Sigmund M. and Mary B. Hyman Professor, Economics
    Franklin and Marshall College
14.    Jim Campen
    Emeritus
    University of Massachusetts, Boston
15.    John Dennis Chasse
    Professor Emeritus
    SUNY Brockport
16.    Robert Chernomas
    Professor of Economics
    University of Manitoba
17.    Kimberly Christensen
    Professor of Economics
    Sarah Lawrence College
18.    Charles M. A. Clark
    Professor of Economics
    St. John's University
19.    Richard Cornwall
    Professor of Economics (retired)
    Middlebury College
20.    Victor D. Lippit
    Professor Emeritus of Economics
    University of California, Riverside
21.    William Darity Jr.
    Duke University
22.    Firat Demir
    Associate Professor, Department of Economics
    University of Oklahoma
23.    Geert Dhondt
    Assistant Professor, Dept of Economics, John Jay College of Criminal Justice
    The City University of New York
24.    Mathieu Dufour
    Assistant Professor, Department of Economics
    John Jay College of Criminal Justice, City University of New York
25.    Marie Duggan
    Professor and Coordinator of Economics
    Keene State College
26.    Amitava Krishna Dutt
    Professor of Economics and Political Science
    University of Notre Dame
27.    Nina Eichacker
    Bentley University
28.    David Eisnitz
    Economist
    Earlham College and University of Massachusetts at Amherst
29.    Joshua Farley
    Professor, Community Development and Applied Economics
    University of Vermont
30.    Kade Finnoff
    Assistant Professor, Dept of Economics
    University of Massachusetts, Boston
31.    Sean Flaherty
    Professor of Economics
    Franklin and Marshall College
32.    Mathew Forstater
    Professor of Economics
    University of Missouri - Kansas City

33.    Gerald Friedman
    Professor of Economics and Chair of Department of Economics
    University of Massachusetts Amherst
34.    James Galbraith
    Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government
    University of Texas at Austin
35.    Barbara Garson
    Author, "Down the Up Escalator: How the 99% Live"
36.    Armagan Gezici
    Associate Professor of Economics
    Keene State College
37.    Helen Lachs Ginsburg
    Professor Emerita of Economics
    Brooklyn College, City University of New York
38.    Christopher Gunn
    Professor of Economics
    Hobart and William Smith Colleges
39.    Robin Hahnel
    Professor Emeritus
    American University
40.    Darrick Hamilton
    Associate Professor of Economics and Urban Policy
    New School University
41.    F. Gregory Hayden
    Professor of Economics
    University of Nebraska - Lincoln
42.    John F. Henry
    Professor of Economics
    University of Missouri - Kansas City
43.    Susan Himmelweit
    Emeritus Professor of Economics
    Open University
44.    Eric Hoyt
    University of Massachusetts Amherst
45.    Joseph Hunt
    Senior Research Scientist, Center for Health and the Global Envrionment
    Harvard School of Public Health
46.    Russell Janis
    Senior Lecturer II in Economics
    University of Massachusetts Amherst
47.    Jerome Joffe
    Associate Professor, Health Care Administration (retired)
    St. John's University

48.    Mark Johnson
    Economics Professor (retired)
    Chicago State University
49.    Marlene Kim
    Professor of Economics
    University of Massachusetts, Boston
50.    Mary C. King
    Professor Emerita, Economics
    Portland State University
51.    Charalampos Konstantinidis
    Assistant Professor, Department of Economics
    University of Massachusetts, Boston
52.    Brent Kramer
    Adjunct Assistant Professor of Economics
    John Jay College, City University of New York
53.    David Laibman
    Professor Emeritus, Economics
    Brooklyn College and Graduate School, City University of New York
54.    Thomas Lambert
    Assistant Professor of Public Administration
    Northern Kentucky University
55.    Mehrene Larudee
    Presidential Scholar, Fulbright Scholar
    University of Massachusetts Amherst
56.    Daniel MacDonald
    Assistant Professor, Department of Economics
    California State University San Bernadino
57.    Arthur MacEwan
    Professor Emeritus of Economics
    University of Massachusetts, Boston
58.    Patrick Mason
    Professor, Department of Economics
    Florida State University
59.    Thomas Masterson
    Research Scholar and Director of Applied Micromodeling
    Levy Economics Institute of Bard College
60.    Scott McConnell
    Assistant Professor of Economics
    Eastern Oregon University
61.    Elaine McCrate
    Associate Professor of Economic and Women's and Gender Studies
    University of Vermont
62.    Terrence McDonough
    Professor of Economics
    National University of Ireland Galway
63.    Martin Melkonian
    Adjunct Associate Professor, Economics
    Hofstra University
64.    Peter B. Meyer
    Professor Emeritus of Urban Policy and Economics
    University of Louisville
65.    John Miller
    Professor of Economics
    Wheaton College
66.    Lanse Minkler
    Associate Professor, Department of Economics
    University of Connecticut
67.    Katherine Moos
    Visiting Faculty, Health Advocacy Program
    Sarah Lawrence College
68.    Fred Moseley
    Professor of Economics
    Mount Holyoke College
69.    Tracy Mott
    Associate Professor & Chair, Department of Economics
    University of Denver
70.    Kamran Nayeri
    Emeritus, Political Economy, Survey Research Center
    UC Berkeley
71.    Edward Nell
    Professor of Economics
    New School for Social Research
72.    Julie A. Nelson
    Chair, Department of Economics
    University of Massachusetts, Boston
73.    Eric Nilsson
    Professor, Economics Department
    California State University San Bernadino
74.    Mark Paul
    University of Massachusetts Amherst
75.    Roberto Pedace
    Associate Professor of Economics
    Scripss College
76.    Chiara Piovani
    Assistant Professor, Department of Economics
    University of Denver
77.    Robert Pollin
    Distinguished Professor of Economics
    University of Massachusetts Amherst
78.    Steven Pressman
    Professor of Economics
    Monmouth University
79.    Paddy Quick
    Professor of Economics; Chair, Dept. of ECO/HIS/PSC/SS
    St. Francis College, Brooklyn
80.    Dean E. Robinson
    Associate Professor, Department of Political Science
    University of Massachusetts Amherst
81.    Leonard Rodberg
    Professor and Chair, Department of Urban Studies
    Queens College/CUNY
82.    Nancy Rose
    Professor Emeritus
    California State University, San Bernadino
83.    David F. Ruccio
    Professor of Economics
    University of Notre Dame
84.    Helen Scharber
    Assistant Professor of Economics
    Hampshire College
85.    Stephanie Seguino
    Professor of Economics
    University of Vermont
86.    Anwar Shaikh
    Professor of Economics and Chair, Department of Economics
    New School for Social Research
87.    Peter Skott
    Professor of Economics
    University of Massachusetts Amherst
88.    Janet Spitz
    Associate Professor of Business Administration
    College of Saint Rose
89.    John Summa
    Lecturer of Economics
    University of Vermont
90.    José A. Tapia
    Associate Professor
    Drexel University
91.    Linwood Tauheed
    Associate Professor of Economics
    University of Missouri - Kansas City
92.    Daniele Tavani
    Assistant Professor, Department of Economics
    Colorado State University
93.    Frank Thompson
    Lecturer & Research Investigator, Department of Economics
    University of Michigan, Ann Arbor
94.    Chris Tilly
    Professor & Director of Institute for Research on Labor and Employment
    University of California, Los Angeles

95.    Mariano Torras
    Professor of Economics and Chair, Department of Finance and Economics
    Adelphi University
96.    Valerie Voorheis
    Graduate School MBA for Sustainability
    Marlboro College, Brattleboro, VT
97.    John Watkins
    Professor of Economics
    Westminster College
98.    John Weeks
    Professor Emeritus of Economics, University of London
    Former Professor, Middlebury College
99.    Scott Weir
    Instructor of Business Administration
    Wake Technical College
100.    Thomas E. Weisskopf
    Professor Emeritus of Economics
    University of Michigan
101.    Cecilia Winter
    Economics Professor (Emerita)
    Manhattanville College
102.    Richard D. Wolff
    New School University
103.    Edward Wolff
    Professor of Economics
    New York University
104.    Yavuz Yasar
    Associate Professor, Economics
    University of Denver
105.    Tai Young-Taft
    Assistant Professor of Economics
    Simon's Rock College
106.    June Zaccone
    Economics (Emerita)
    Hofstra University

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