In 1963 and later papers, I pointed out that the special market characteristics of medical care and medical insurance could be explained by reference to differences in information among the parties involved.

In a wristwatch, imagine the battery is in the strap and there's a medical sensor in there connected to the internet. If someone is monitoring that, they could phone up if the user has forgotten to take some medication. This could save hundreds of dollars in medical fees later. What's missing? It's a stable battery.

As a physician and as a pilot, I think it lets me be a pretty good translator having one foot in the medical world and one foot in the flying world. Sometimes when the medical guys come in and speak medical stuff to the pilots, the pilots really don't know what they're saying.

I broke down while at Oxford, was rejected by a record number of medical tribunals during the War, and finally got permission to leave Oxford and do civilian work till the War ended.

I found out that colonels can stay until they drop dead or get a walker and being a critical medical specialty as an Army trained emergency room doctor, I could stay until age 67.