Bribery is common in some parts of the world, but bribes are illegal in the United States. Bribes are a form of corruption. That is, paying a bribe corrupts an otherwise market-based, competitive transaction.
Category: Drug Prices & Regulations
Doctors as Slave Labor
For many years Cuba has been sending doctors to practice medicine in other countries. Yet far from being a humanitarian exercise, Cuba has actually been engaging in human trafficking for profit.
Insulin
Before a Trump executive order, employers could not provide free or subsidized insulin to their diabetic employees without sacrificing the employees’ right to have a Health Savings Account. This meant that employees had to spend their entire health insurance deductible out of pocket before any employer cost sharing took effect. The Trump administration’s change leaves employers and employees free to engage in the kind of cost-sharing arrangements that make economic and health care sense.
Why we bury organs worth thousands of dollars
On the evening of September 29, 1994 Reginald Green and his wife Margaret were driving on the A3 motorway while vacationing in Southern Italy. Their two young children, 7-year old Nicholas and 4-year old Eleanor, were asleep in the backseat when tragedy struct. Two men thought to be members of the Italian mafia mistook their rental car for one belonging to a jeweler. They followed closely behind Green’s rental car and then pulled alongside. Their faces masked, they shouted at Green in Italian. Green accelerated to get away. When Green didn’t pull over the men fired shots into the back of his rental car striking his son Nicholas in the head. Although mafia violence was not uncommon in Southern Italy the fact that a young boy was killed while vacationing with his family shocked the nation. The police spared no expense hunting down Nicholas’ killers. Francesco Mesiano and Michele Iannello were arrested three days later and ultimately convicted of his murder.