There is a lot more to FDA compliance than what I’ve written. I have tried to explain in less than a paragraph what quality engineers spend their entire careers trying to learn. Virtually all drug and medical device manufacturers hire consultants to help them meet U.S. Food and Drug Administration (FDA) guidelines.
Category: Health Economics & Costs
Saturday Links
- The pitfalls of state health care reform. (Dated but still relevant.)
- A 65-year-old couple with average life expectancy and average household income (about $90,000 in 2023) retiring in 2025 will require $1.34 million to finance their Social Security and Medicare benefits, even though they paid only $720,000.
- Scott Sumner: “Almost every time I see an expert interviewed on the macroeconomy, they suggest that a substantial portion of the inflation over the past 5 years has been supply side. That’s wrong; none of it has been supply side. I’d go even further; essentially none of the inflation over the past 50 years has been supply side.”
- As if you didn’t already know, rent control doesn’t work.
- Nearly one in ten doctors in the United States are employed by United Health.
- The difference in brain structure between conservatives and liberal is less than previously thought.
- Why is it so difficult to get a live human on the phone to make an appointment with a real doctor?
Friday Links
- Medicare price negotiation for new drugs may not affect drug company revenues as much as was originally thought.
- 30-year-olds: living on their own and not marrying.
- Cato study: the largest states got the most covid aid (per capita) and this boosted the re-election chances for the incumbents in Congress.
- The left’s answer to the housing crisis: override local zoning ordinances. [Of course, these are congressional liberals. Local liberal are the ones who create the zoning restrictions.]
- New study: there is no evidence supporting affirmative action in medical school admissions.
- It takes 15 years and 2.6 billion dollars to discover, develop, and bring a drug to market.
Thursday Links
- 63% of Americans want to increase trade with other nations.
- Should we have a generous child tax credit paid for by higher corporate income taxes? AAF finds that even in the best-case scenario, labor supply would fall by 0.4 percent, after-tax wages by 0.3 percent, consumption by 0.1 percent, investment by 1.2 percent, and GDP by 0.4 percent.
- A favorite story on the enviro left is that Rapa Nui (Easter Island) experienced population collapse because of ecocide. [And therefore, is a harbinger of everything that is happening today.] Turns out the story is wrong. And this isn’t usual. James Pethokoukis says almost all “degrowth” scholarship is shoddy.
- Europeans are less than 3/4 as rich as Americans. And contrary to popular belief, only a small amount of the gap can be accounted for by the fact that Americans work more.