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A comment on Why America's economy is soaring ahead of its rivals. Parent comment

Re:Why America's economy is soaring ahead of its rivals by paulsutter on Thursday December 05, 2024 @01:54AM (#42325683)
Interesting

- Why doesn’t this happen in other fields? Why don’t we pay 10x more for iPhones?

- When did the american public chose to engage in this magnanimous largesse?

More likely it’s a scam and regulatory capture

[ Parent | on HN ]
Re:Why America's economy is soaring ahead of its rivals by 0xDEAFBEAD on Thursday December 05, 2024 @04:16AM (#42326413)
Economists, and pharma lobbyists, argue against US drug price regulation because new drugs produce large positive externalities.

So it's a mix of pharma lobbying and also altruism.

[ Parent | on HN ]
Re:Why America's economy is soaring ahead of its rivals by paulsutter on Thursday December 05, 2024 @11:28AM (#42329651)
I’m arguing AGAINST the drug price regulation that allows pricing to be much higher in the US

For example the prohibition on importing drugs from other countries, or the rules that prevent medicare from negotiating price for drugs

[ Parent | on HN ]