Oh so his only two flaws are trolling and he lies. But he's OK sure. How about the fact that he caused the suffering of patients needing the drug that he was raised prices on?
Also, I said two major flaws. Obviously, ppl have many flaws.
Edit: It's economic illiteracy if you don't understand that. If you have evidence which says otherwise(?), I'm happy to look at it.
Another argument of his I found extremely disgusting is that he claims he's reinvesting profits from the price raise to further drug research. Ok, but again, we only have his word for that (and he's been convicted of fraud(!)). You can only claim you're smarter than the system and more responsible so much before people realize what's going on.
Agree on the second point. Personally, I don't think that's relavent.
Edit: (I can't seem to reply) I think non-gov monopolies are ok. You'd make a ton of money in your example, & then be able to create more drugs. Generally, I think it's good for talented people to get resources. Superior resource allocation.
Let's say I create a cure for a truly horrible disease like Huntington's. Let's say it cost me absolutely zero dollars of R&D, I just happened upon it in some weird stroke of happenstance and the FDA does a rush approval and gives me a grant for even those costs, basically fantasyworld but $0 expenditure by me so everything I make is pure profit. And let's say I bring this drug to market and I give it a very controversial price. Which is that I will cure you of Huntington's if and only if you pay me 1 million dollars or all of your worldly possessions, whichever is higher. Do you believe I should be able to do this?
also, iirc the patients that need that drug are literally low triple digits if not lower. making sure they all get it one way or another is not exactly a challenging logistics problem. imo it's more of a marvel that something so niche is available at all.