Most people don't spend their own money on saving their grandparents, they spend other people's money.
Upper middle class and the wealthy do this quite a bit, even in countries with universal healthcare.
Don't act surprised that other people's willingness to throw tens of millions at your grandfather's last year is not unlimited.
Why in the world would I? I don't care very much about other people's grandfathers, why should they care about mine? I'm indirectly willing to kill quite a few people to save my own life or that of my family. Even my friends are each worth more than one life to me, going of revealed preferences.
Also you are forgetting that the purpose of the state is basically to serve the desires of its citizens, it is not a global utility maximizer. That citizens of a country would cooperate for selfish gain is hardly unheard of. Also we care more about people in our in-group more than people in our out-group. Many different people identify these by culture, subculture, company, religion, citizenship, ideology, language, profession, nationality or language.
Poor people in Africa are far. We feel more idealistic and more moral thinking about helping them. We get more brownie points of signalling we wish too or will help them than by helping local poor people. But we are ironically less likley to do anything for their benefit, since that is mostly a near action. We more accurately perceive that local poor people are sometimes nasty but we end up helping them more anyway.
Also when thinking about helping people in far places we are less even likley to be pragmatic about the best way to acheive this. Considering how much we fail even at helping those around us this can be a dispiriting.
Throwing ridiculous amount of money at people when they're oldest is stupid way to achieve an already stupid goal.
You should read "The great Charity Storm". We systematically overspend stupidly on education, healthcare and helping poor people.
Also you are forgetting that the purpose of the state is basically to serve the desires of its citizens,
(mind-killed)
That's an interesting notion. I would have thought that the purpose of the state is to oppress its people, and that modern governments are so much nicer because checks and balances / political infighting cause them to be ground to a near-halt.
In the February and March 1988 issues of Cryonics, Mike Darwin (Wikipedia/LessWrong) and Steve Harris published a two-part article “The Future of Medicine” attempting to forecast the medical state of the art for 2008. Darwin has republished it on the New_Cryonet email list.
Darwin is a pretty savvy forecaster (who you will remember correctly predicting in 1981 in “The High Cost of Cryonics”/part 2 ALCOR’s recent troubles with grandfathering), so given my standing interests in tracking predictions, I read it with great interest; but they still blew most of them, and not the ones we would prefer them to’ve.
The full essay is ~10k words, so I will excerpt roughly half of it below; feel free to skip to the reactions section and other links.
1 The Future of Medicine
1.1 Part 1
1.1.1 Diagnostics
A side-note: genetic associations have been a very fertile field for John Ioannidis, and a big study just blew away a bunch of SNP-IQ correlations.
I recently learned that, besides the usual blame for increasing medical costs, some categories of doctors have been strenuously urged to reduce MRI use as actively harmful.
1.1.2 Resuscitation
1.1.3 Antibiotics
The pharmaceutical industry and antibiotics have been a case-study in stagnation, failure, and diminishing marginal returns. There is only one, highly experimental, anti-viral that I have heard of. In a followup email, Darwin responded to someone else pointing out DRACO:
(This agrees with my own general impressions, which I didn't feel competent to baldly state.)
1.1.4 Immunology and cancer
1.1.5 Atherosclerosis
1.2 Part 2
1.2.1 Anesthesia
1.2.2 Surgery
1.2.3 Geriatrics
We all know how well this has worked out. More troubling is that in some respects, we appear further from any solutions or treatments than before; while resveratrol did well in a recent human trial, the sirtuin research that seemed so promising has been battered by null results and failures to replicate. And anti-aging drugs have their own methodological difficulties; from the followup email:
1.2.4 Psychiatry & Behavior
From the previously quoted followup email:
1.2.5 Implants & Prosthetics
1.2.6 Hemodialysis
1.2.7 Organ Preservation
1.2.8 Other Approaches to Organ Preservation
1.2.9 Genetic therapy
1.2.10 Prevention
1.2.11 The Downside
And on to the economics:
2 Reactions
On reading all the foregoing, I commented: that was a depressing read. As far as I can tell, they were dead on about the dismal economics, somewhat right about the diagnostics, and fairly wrong about everything else. Which is better than the old predictions listed, only one of which struck me as obviously right (but in a useless way, who actually uses perfluorocarbons for liquid breathing?).
To which Darwin said:
See also Fight Aging!’s post, “Overestimating the Near Future”:
Darwin comments there:
3 Further reading
Previous Darwin-related posts:
See also Tyler Cowen's The Great Stagnation and “Peter Thiel warns of upcoming (and current) stagnation”.