Re: Blessed are the gouged

2003-10-01 Thread Michael Pollak
On Sun, 28 Sep 2003, Max B. Sawicky wrote: SD are saying charge marginal cost (in effect, virtually nothing) to poor countries. I didn't see that part in the FDA statement. If the EU and Japan paid more for drugs so that developing countries could pay much less, where's the bad? Three

Re: Blessed are the gouged

2003-09-29 Thread Sabri Oncu
Thanks Michael! This explains why Summers and DeLong made such a suggestion. I am so lucky that I am from a poor country but it seems you rich country fellas will continue to suffer a lot, especially with the worsening health care crisis. Damn! Sabri PS: Can you send me an e-mail so that I can

Blessed are the gouged

2003-09-28 Thread Michael Pollak
[This is really something out of the Onion. This is guy is saying that the fact that US consumers are gouged by drug companies to a greater extent than anyone else in the world is a measure of how virtuous our system is -- and that he's sick and tired of other countries not pulling their share,

Re: Blessed are the gouged

2003-09-28 Thread Eugene Coyle
This FDA idea is not out of the Onion but rather direct from two of the most esteemed economists in the USA: Larry Summers and Brad DeLong. DeLong and Summers, in a piece designed to protect drug patents and intellectual property rights, advocate that ... rich country customers could pay the fixed

Re: Blessed are the gouged

2003-09-28 Thread k hanly
] To: [EMAIL PROTECTED] Sent: Sunday, September 28, 2003 5:03 PM Subject: Re: Blessed are the gouged This FDA idea is not out of the Onion but rather direct from two of the most esteemed economists in the USA: Larry Summers and Brad DeLong. DeLong and Summers, in a piece designed to protect

Re: Blessed are the gouged

2003-09-28 Thread Max B. Sawicky
SD are saying charge marginal cost (in effect, virtually nothing) to poor countries. I didn't see that part in the FDA statement. If the EU and Japan paid more for drugs so that developing countries could pay much less, where's the bad? A side benefit is that this is a nice demonstration of the

Re: Blessed are the gouged

2003-09-28 Thread Sabri Oncu
I am getting confused here. In this scenario, since marginal costs are next to nothing, poor country fellas are doing fine. Now, Summers and DeLong suggest that the rich country fellas pay the fixed costs. But the fixed costs are finite and can be paid down after the rich country fellas make a

Re: Blessed are the gouged

2003-09-28 Thread Michael Pollak
On Sun, 28 Sep 2003, Sabri Oncu wrote: I am getting confused here. In this scenario, since marginal costs are next to nothing, poor country fellas are doing fine. Now, Summers and DeLong suggest that the rich country fellas pay the fixed costs. But the fixed costs are finite and can be paid