It doesn't matter if the adverts have an impact on sales, if it does then doctors are to blame, tv adverts cant prescribe people medication.
164 karma · joined July 8, 2017
It doesn't matter if the adverts have an impact on sales, if it does then doctors are to blame, tv adverts cant prescribe people medication.
Sounds like the incentives for doctors are misaligned. They shouldnt be subject to market demand for improper prescribing, for example that should be offset by fines or license revocation for misprescribing. Consumers cant be expected to know if a treatment is appropriate, so they consult doctors and if doctors are swayed by financial incentives to prescribe thats on the doctors.
Thats speculative. Companies spend exorbitant amounts of money on things they lose money on all the time. What's not speculative is consumers cant buy the drugs themselves. They might ask doctors about it, but if the doctors are misprescribing that's on them or their training and not the consumer.
If there is a problem with overconsumption or misuse of prescription drugs isn't the blame on the medical professionals that prescribe them? Ads to the general public seems far down on the list of culprits here.
I'm curious of this too. Has there ever been a scenario where zero-days could have caused so much damage that it'd warrant this speediness in patching? In a cost-benefit analysis would it justify x% of patches like this happening in preventing whatever security issues could occur without this type of infrastructure?
Being too risky with handing out mortgages is partly what lead to the housing bubble in 2008 afterall.
If they're really certain their job will be stable long term PMIs shouldn't really be a deterrent, most PMI can be terminated after meeting 20% in equity.
Discretionary income might be an even better measure but that has more wiggle room on defining what is a necessity and not.
https://data.oecd.org/hha/household-disposable-income.htm [1]
Healthcare spending in $ per capita doesn't capture how much people earn in that country or how much of a burden it is relative to their income so its kinda meaningless without more context. It's like saying the US economy is better than 85% of the OECD because its in the top 5 gdp per capita.
For example, let's say the US spent 2x on healthcare as some country, but had 4x the disposable income, would this still be overspending or would it be more efficient given the amount relative to income? The closest I can find is health spending as % of GDP but that doesn't capture what a person's income, since it includes government spending too, so it obfuscates whether or not the inefficiency (if any) lies in private or public healthcare in the US.
Take plastics for example, they're as acutely non-toxic as you can get you're not having any readily measurable adverse health outcomes from handling it, touching it, and even consuming foods directly in contact with it. And yet there are still things we would have missed even if we adopted this whitelisting approach. We would have never captured the problem of microplastics that we see today, the mechanical and chemical breakdown of plastics in the environment leading to far higher consumption and presence of it in our bodies could not have realistically been studied or predicted even if we took a whitelisting approach.
Now you have to consider what the effects of whitelisting everything would mean for productivity and progress. Imagine how much more everyday things would cost if plastics had to be whitelisted before being allowed in any products. Even now knowing about the existence of microplastics, it isn't clear that the effects they have decisively outweigh the benefits of plastics.
Of course not all companies are going to release their patents, but the fact there are several that already have, means its not the main problem. mRNA vaccines require extreme temperature controls during transportation and that incurs much more of a prohibitive cost in those countries than any amount of patent royalties do, even if there were no waived patents.
There are cases of huge shipments of vaccine donations going to developing countries that then go unused or underutilized because they do not have the resources to transport and distribute them effectively. Look at the COVAX initiative. The countries that failed to get vaccine rates up even with huge donations of vaccines lacked the infrastructure to distribute them whether it was the temperature controls or not having enough syringes.
"in Benin, only 267 shots were being given each day, a pace so slow that 110,000 of the program’s AstraZeneca doses expired...The vaccine pileup illustrates one of the most serious but largely unrecognized problems facing the immunization program as it tries to recover from months of missteps and disappointments: difficulty getting doses from airport tarmacs into people’s arms."[1]
[1] https://www.nytimes.com/2021/08/02/world/europe/covax-covid-...
That's just conspiracy. Many companies have not been enforcing any patents related to covid vaccines. The reason why the developing world does not have high vaccine adoption is because of their infrastructure, not because of patent blocking.
This completely trivializes and misses the fact that the manufacturing process itself can be patented.
>As a practical example, look how the best Covid vaccines (mRNA types) have been monopolized, leading to low rates of vaccination in Africa etc., even though that was technology developed with taxpayer funding at public universities.
That's just patently false, Moderna for example, has been waived patent infringement related to covid vaccines. The reason the developing world does not have high rates of vaccination is not because of patents but primarily because of their infrastructure.
I see this scenario described in medical research all the time with people saying that industry just leeches off of academic research and what people leave out conveniently is the vast amounts of money and research that goes into translating research into a real drug (billions spent on clinical trials to meet regulation, millions to billions spent on scaling manufacturing and synthesis of the drug to industrial volumes, drug delivery like pill design or injection methods)
Additionally many industries also do have well-paid research positions that "move the needle" on science and basic research. While they're more targeted at producing and supporting products instead of full liberty to exploring just for the sake of knowledge, it's not like there is a complete black and white poorly compensated academic research vs industry.
An interesting question is that would the risk of these outcomes be worth the massive amount of savings and productivity that plastics have had on nearly every industry? Then there's also the use cases where plastics are nearly irreplaceable, or at least not easily replaceable without incurring a huge cost increase for example in medical applications (think packaging for syringes, vaccines, surgical tools, or anything that requires contamination control).
For example there have been many instances where countries have specifically stopped at nuclear power, but not begin research or further refinement into creating nuclear weapons (because of possible sanctions, international backlash, etc). IIRC there are roughly 20ish countries that have nuclear power, but no nuclear weapons.
The stats clearly show the vast majority of student loan debt is held by degree holders and disproportionately by graduate degree holders with extremely high earnings potentials (doctors, lawyers, MBAs)[2]. Remember debt is a financial instrument, not necessarily a bad outcome. Graduate degree pursuers often hold a lot more debt, but will become much better positioned to repay it a few years after graduation.
[1]https://www.politifact.com/factchecks/2021/feb/12/alma-adams...
[2]https://www.brookings.edu/research/student-loan-forgiveness-...