http://economix.blogs.nytimes.com/2013/07/25/the-complex-sto...
The authors of the study you cite actually provided some input for that article.
Regarding education, the total "quantity" of education people are consuming seems like a meaningless metric. It says nothing about the distribution of high-quality educational opportunities to people on different ends of the income spectrum. The disparities in access to quality education in many cases are strongly correlated to the income distribution.
Measuring health outcomes is similarly more complex than the broad brush of "total health consumed" that you paint it with: http://www.nber.org/reporter/spring03/health.html http://www.ncbi.nlm.nih.gov/pmc/articles/PMC1088996/