US government’s WWII mobilization on penicillin is a road map to fighting the coronavirus
Generic meds are supposed to be relatively cheap; multiple companies can make the same molecule, leading to price-lowering competition. But that’s not always what happens in the US market. Look at the prices of these generics, in the US vs Canada: We need to take regulatory or legislative steps to reduce the price of generic…
Here is a link to a story from one of my favorite reporters, Rebecca Plevin from KPCC radio in California. She uncovered a startup company that tries to help people shop for healthcare services, by letting them name their price and seeing if any healthcare providers are game: Shopping for things like hotel reservations is…
We’ve done a lot of things in the United States over the last few decades to curb tobacco consumption. We’ve warned people cigarettes will kill them, created persuasive ad campaigns to scare people away from cigarettes, and added a hefty tax to the product. As a result, cigarette use in United States is lower than…
Poverty wreaks havoc on children’s lives, stunting their intellectual development and harming their health. Children raised in poverty experience declines in growth and development, becoming susceptible to numerous otherwise preventable illnesses in the process. Tragically, almost 1 in 5 American children live in poverty: Republicans and Democrats must agree on the importance of helping American…
Thanks to Josh Grey for the image.
As a science, economics does not always succeed at predicting how humans behave. The discipline assumes a level of rationality, and an ability to process complex information, that far exceeds human capacity. But as a standard for how people ought to behave, economics provides an excellent set of lessons. Consider the economic principle of consistency in financial…