Posted on Tuesday, 1 April 2008
The typical Singaporean lives to the age of eighty, and the cost of the system (both public and private) is a thousand dollars per person—less than the cost of the bureaucracy alone in the United States. Each year, the typical Singaporean pays about seven hundred dollars privately (the average American pays twenty-five hundred dollars privately) and the government spends three hundred dollars per person (five times less than the British government and seven times less than the American government).
Tim Harford from The Undercover Economist
Notes