Before becoming president, Donald Trump was a long-time proponent of single-payer health insurance (aka Medicare for All). That shouldn’t be surprising given that Trump was a liberal Democrat for most of his life until Obama was elected and then Trump’s…
Blog Archives
OTC hormonal birth control is a simple way to cut costs and improve health
On the one hand, deregulating the market for the pill would improve health, lower costs, reduce abortion, and eliminate a political football. On the other hand, it would reduce incomes for physicians and drug manufacturers, a small passionate minority thinks…
Posted in Health
Optimal pricing of cancer drugs
The Nobel Prize for medicine went to cancer researchers this week who developed immunotherapy drugs that can be miraculously effective, but as Julia Belluz reports, the prize is also a reminder of how expensive the cancer treatments they developed have…
Posted in Health
Oats, the neglected superfood
Plain, raw oats are the ideal breakfast cereal because they are full of fiber and other nutrients and are cheap and easy to make. I’m a bit of a raw oatmeal fanatic. It has been my main staple for breakfast…
Posted in Personal (not econ)
Democratic corporate governance
Are corporations authoritarian or democratic? Corporations are hierarchical institutions in which workers often feel like they are working within a communist dictatorship, but compared with privately-held companies, corporations are extremely democratic. A privately-held company can be owned by one person…
PBM: The healthcare bureaucrats that you have probably never heard of.
Most people have never heard of a Pharmacy Benefit Management company (PBM), but a PBM probably has tremendous control over the kinds of medicines you are prescribed and sets the prices you pay for them. It has been one of…
Posted in Health
Progress often means cheaper, not necessarily better
The best clothing you can get is “bespoke” clothing. Bespoke clothing is sewn by hand to fit each individual and because it is custom made, it can be designed with exactly the kind of cloth, colors, and shape that you…
Medianism 