Animal Madness
“Animal Madness” – Worth
“Animal Madness” – Worth
“What Should I Do, Doc?” – Archives of Internal Medicine
It is hard to make money treating rare diseases. There simply aren’t enough customers to generate many profits. That’s why the U.S. government passed the Orphan Drug Act in 1983, a law which created a series of incentives to encourage drug companies to develop treatments for rare or “orphan” diseases – conditions affecting less than…
Advertising is about persuasion. Companies spend billions of dollars per year trying to convince us to buy their products. But sometimes, rigorous philosophical training can help us avoid that influence. Consider the following ad: Only deep immersion in Immanuel Kant helped me recognize the flaws in this reasoning!
Recently, I showed some data illustrating the rapid growth in healthcare jobs in the United States, compared to jobs in other parts of the economy. Here’s a picture, courtesy of Dan Diamond, showing that this growth has not been steady. Instead, the growth of hospital jobs in the US stalled for a while, before taking…
Brilliant graphic, courtesy of @Brilliant_Ads
For decades, the pharmaceutical industry has been highly profitable. The recipe for such profits has been pretty simple for most of the last half-century–discover a chemical or molecule that treats a common problem, like hypertension or diabetes or erectile dysfunction, and make billions of dollars while that product is still under patent protection. But of…