Etiquette



DP Etiquette

First rule: Don't be a jackass.

Other rules: Do not attack or insult people you disagree with. Engage with facts, logic and beliefs. Out of respect for others, please provide some sources for the facts and truths you rely on if you are asked for that. If emotion is getting out of hand, get it back in hand. To limit dehumanizing people, don't call people or whole groups of people disrespectful names, e.g., stupid, dumb or liar. Insulting people is counterproductive to rational discussion. Insult makes people angry and defensive. All points of view are welcome, right, center, left and elsewhere. Just disagree, but don't be belligerent or reject inconvenient facts, truths or defensible reasoning.

Saturday, May 22, 2021

Questioning the standard pharmaceutical industry defense of high drug prices

Katie Porter asking some interesting questions


The pharmaceutical industry has long defended astronomically high drug prices for Americans by arguing they need to spend billions and billions of dollars to find new drugs. The industry threat is that if drug prices are regulated by government negotiation, the industry will go extinct and new drugs will cease to come forth from the miracle of the operation of the unfettered free market.

The following 2-minute video of Democratic California Representative Katie Porter (Harvard Law School (2001), Yale University (1996), Phillips Academy — Andover) questioning AbbVie CEO Richard Gonzalez is of some interest in this matter.




Questions: If the AbbVie financials presented in the video are reasonably representative of the entire big pharma industry, how well has unregulated free markets served the public interest in this economic sector compared to the private sector? Will Porter's questioning of Gonzalez make any noticeable difference in drug prices or industry propaganda? Does any difference need to be made? Katie Porter for president 2024?

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