Relevant and even prescient commentary on news, politics and the economy.

Lower Drug Prices Brought to You by Trump? Nope . . .

During President Trump’s first term, the administration falsely claimed that prescription drug prices are high for Americans because they are lower elsewhere. He enlisted the U.S. Trade Representative to help raise medicine prices abroad by lengthening prescription drug monopolies in other countries. Don’t Buy Trump’s SOTU Claims on Drug Prices, Public Citizen President Trump and congressional Republicans’ Big […]

Drugs that cost money and save money

Big Pharma has become a familiar whipping boy in the debate over healthcare costs. CAR-T therapies to treat certain cancers, for example, can cost between half a million and a million dollars for a single treatment course. What’s the prospect of a cancer cure worth to you? GLP-1 receptor agonists like semaglutide (Ozempic, Wegovy) and […]

Are Drug Companies Alone Responsible for the Prices We Pay for Medicines?

I had presented Part I and Part II a while back. Part III was difficult to present in a piece-meal way so for now I have set it aside. What is interesting about Part IV is I can beak it apart into segments, still maintain the flow of informatio, and present it in a logical […]

JEFF JACOBY ON DRUG PRICES

Jeff Jacoby had an interesting article in the Boston Globe on Sunday where he argue that if the demand for something doubled the price must increase—it is basic introductory economics. What price is too high for a miracle drug? His argument is so typical of how so many columnist and/or bloggers demonstrate that a little […]