tag:blogger.com,1999:blog-5558726.post114001066772719757..comments2024-02-20T17:40:21.618-05:00Comments on jeremy freese's weblog: the causal effect of economicsjeremyhttp://www.blogger.com/profile/12755662766163119607noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5558726.post-1140059312799653622006-02-15T22:08:00.000-05:002006-02-15T22:08:00.000-05:00'The pressure on society to use strong and good pr...'The pressure on society to use strong and good products is there.'<BR/><BR/>Translation: As long as there are enough suckers out there with enough cash to pay for this stuff, why would we cheat our stockholders by dropping the price to a reasonable level.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5558726.post-1140038216104169162006-02-15T16:16:00.000-05:002006-02-15T16:16:00.000-05:00I'd have bolded the "defended high prices... inher...I'd have bolded the "defended high prices... inherent value of life-sustaining therapies" part, myself. The prospect of transferring that much surplus to Big Pharma during blockbuster drugs' monopoly periods makes (more) nationalization of pharmaceutical research look less radical.<BR/><BR/>Meanwhile, it'll be interesting to see to what extent health plans actually buy into the pricing model to the forecasted extent. One can imagine an equilibrium with high price and nobody buying the stuff.Tom Bozzohttps://www.blogger.com/profile/05853926747746938925noreply@blogger.comtag:blogger.com,1999:blog-5558726.post-1140024267622734332006-02-15T12:24:00.000-05:002006-02-15T12:24:00.000-05:00If you can hold out until you are 65, you can get ...If you can hold out until you are 65, you can get almost 95% of the tab for this picked up by your Medicare Prescription Drug Coverage. Although I don't know the details of how this drug works with specific formularies.jeremyhttps://www.blogger.com/profile/12755662766163119607noreply@blogger.comtag:blogger.com,1999:blog-5558726.post-1140022950080599502006-02-15T12:02:00.000-05:002006-02-15T12:02:00.000-05:00Wow. I guess I can just plan on dying, because the...Wow. I guess I can just plan on dying, because there is no way I could afford their treatments. Who could? Wouldn't it serve their interests better to make it cheaper, so more people could use it, prolonging their life and the amount of time they buy the drugs? I mean, they need to think in terms of bulk, as most normal businesses will do.jnsyshttps://www.blogger.com/profile/04233806457907286178noreply@blogger.comtag:blogger.com,1999:blog-5558726.post-1140017216665627722006-02-15T10:26:00.000-05:002006-02-15T10:26:00.000-05:00God that's depressing. And I am moving from free/h...God that's depressing. And I am moving from free/heavily subsidised healthcare to American healthcare.<BR/>Argh.TDEChttps://www.blogger.com/profile/03669785225837997682noreply@blogger.com