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“In the jargon of economics, the demand for therapeutic drugs is ‘price inelastic’: increasing the price doesn’t reduce how much the drugs are used. Prices are set and raised according to what the market will bear, and the parties who actually pay the drug companies will meet whatever price is charged for an effective drug […]

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Insult To Injury

Florida trauma centers charge outrageous fees the moment you come through the door: Before any X-ray was taken, any blood collected, any medicine delivered to his broken body, crash victim Eric Leonhard was charged $32,767 just to pass through the doors of a Fort Pierce trauma center. The bill was not for the surgery Leonhard […]

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U.S. Health Care Spending for Native Americans

“It’s well-documented that the government’s attempts to meet its obligations to the Native Americans have failed miserably; the primary cause is insufficient funding. Currently, prisoners receive significantly higher per capita health-care funding than Native Americans. The U.S. Commission on Civil Rights reports the federal government spends about $5,000 per capita each year on health care […]

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The Last, Disposable Action Hero

Hollywood studios are increasingly focusing on creating expensive action movies with less costly unknown actors. For some of these unknowns, it’s a chance to skyrocket into fame, but it’s not that easy: Hollywood has gotten creative in its hunt for the next big action star. Producers have considered scouting high-school football games. Brett Norensberg, an […]

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