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Most importantly, it's about valuing equity of access and ensuring that healthcare is available to those who need it, free at the point of use.
Moll points out that subjects struck various balances between avoiding inequity and maximizing the common good, and he wonders whether the balance might differ across different cultures as well, with some valuing equity among individuals over the common good, or vice versa.
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The common rationale for the Fed model relates to the "discounted cashflow" approach to valuing equities.
In one sense the fact that China, the world's second largest economy, should also have the world's second highest valued equity market should not come as a big surprise.
Wells Fargo rates AMD at "buy" with a $25 price target views AMD as "one of the most attractively valued equities in our coverage universe".
Jerry Dubrowski, a spokesman for Bank of America, says the bank considers whether first mortgages are distressed when valuing home equity loans.
There are many ways to value equity markets.
The Commonwealth Fund most values equity and access, and so rewards the systems where it finds these.
The group's enterprise value (equity and debt) was $33 billion when it was taken private in November 2006.
"They face tough headwinds in rising raw-materials costs and falling currencies," said Richard Rosen, head of the value equity division of MacKay Shields Financial.
Investors "went into growth and value equity funds and were more focused on small-cap and aggressive-growth funds," said Robert Adler, president of AMG.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com