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Fencing Expert
Array  Originally Posted by jessicasimpson Human decency and economics? These two concepts don't seem to connect. Only if you look at economics from a first year macroeconomics point of view. My third year has a real focus on behavioural and socal economics which are really interesting relatively unexplored areas.
If Inq really wants to bring this down to economics then he can refute my statement that there is market failure in the US heathcare industry due to adverse selection, moral hazard, asymmetric information, demand inducement, barriers to entry in the insurance market etc etc. (not like I looked at healthcare in a second year module ) -
 Originally Posted by downunder
Celebrex 100 mg
2003 Wholesale Price in the US : $101.48
2003 Wholesale Price in Australia : $24.97
Lipitor 20 mg
2003 Wholesale Price in the US : $89.50
2003 Wholesale Price in Australia : $49.95
Norvasec 10 mg
2003 Wholesale Price in the US : $35.69
2003 Wholesale Price in Australia : $18.52
Zoloft 50 mg
2003 Wholesale Price in the US : $62.57
2003 Wholesale Price in Australia : $29.28  Your welcome! I am sure you were pointing this out to thank Americans for paying the cost of research and development for your drugs. If other governments were to allow free market, we would all pay comparable prices. When the US starts dictating prices, you will see a dramatic drop in research and development of new drugs. But after all, most people would rather have fewer choices in health care that is free than more choices that they have to pay for.
It's just so unfair that anyone could get better health care than someone else just because they can afford to pay more.
I'm thinking about becoming Amish. They have the right idea! -
Senior Member
Array  Originally Posted by Inquartata But again---there is already a Law by that name. It's to do with economics. Well excuuuse me that my fake-internet-message-board-law name is taken! 
But seriously, are you sure that it's not Peterson's Law? Danes spell it differently, you know...
Last edited by I_luv_saber; 01-17-2010 at 10:08 AM.
"I may disagree with what you have to say, but I shall defend, to the death, your right to say it." -
Fencing Expert
Array  Originally Posted by Bayou Bum Your welcome! I am sure you were pointing this out to thank Americans for paying the cost of research and development for your drugs. If other governments were to allow free market, we would all pay comparable prices. When the US starts dictating prices, you will see a dramatic drop in research and development of new drugs. I hope this is a troll because there is so much wrong with this post.
edit: christ, seriously? Our government doesn't 'dictate' prices, it has greater bargaining power with big pharmacutical companies as the order is placed for the entire country, rather than on a case-by-case basis.
Last edited by downunder; 01-17-2010 at 10:26 AM.
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Senior Member
Array "I may disagree with what you have to say, but I shall defend, to the death, your right to say it." -
 Originally Posted by Bayou Bum Your welcome! I am sure you were pointing this out to thank Americans for paying the cost of research and development for your drugs. If other governments were to allow free market, we would all pay comparable prices. When the US starts dictating prices, you will see a dramatic drop in research and development of new drugs. But after all, most people would rather have fewer choices in health care that is free than more choices that they have to pay for. Did you know that many of the worlds largest drug companies are in Europe, and Japan... even India and Israel?
Did you know that the U.S. pharmaceutical industry spends more on advertising than research?
Did you know that the U.S. gov't has already been negotiating significantly discounted drug prices with pharmaceutical companies for almost 20 years? And this applies to 45% of the overall health care spending in this country?
You should really take a look at the facts, BB. - Wisdom is the knowledge of how much you don't know. -
Senior Member
Array Oh yay, another health care thread. Carrying on an ancient conversation, then:  Originally Posted by Inquartata About US$25 a month, plus a $15 co-pay per visit.
This of course omits what my employer pays ( this is IMO the major failing of our system, the heavy involvement of employers ) and taxes. You're getting a bargain. Non-government employees pay much more.  Originally Posted by Inquartata It's really difficult to compare the two systems and determine who pays more. Averaged percentages of aggregate national GDP are about the best we can do, but they are sort of blunt instruments... Blunt instruments are just fine when the numbers speak so loud and gaps in costs are so wide between us and other countries. This is widely accepted as the state of affairs - even on the right as per my quotes from the Cato Institute. We really do cost a lot more than other first world countries.  Originally Posted by Inquartata The costs that are measured are less, possibly. It's unlikely that simple national accounting captures them all. It cannot begin to assess opportunity cost, for example. Which might be higher here than in other countries. Until evidence is presented to the contrary, we should not assume that we are advantaged in this regard. "In theory, theory and practice are the same, but in practice, theory and practice are different." -
Senior Member
Array  Originally Posted by jeff Oh yay, another health care thread. I swear on all that is holy that I tried to steer it back . In retrospect, now I realize I should have simply named it "Transparency and CSPAN".... "I may disagree with what you have to say, but I shall defend, to the death, your right to say it." -
Senior Member
Array  Originally Posted by Inquartata About US$25 a month, plus a $15 co-pay per visit.
This of course omits what my employer pays ( this is IMO the major failing of our system, the heavy involvement of employers ) and taxes. Wow, last year I was quoted $745 a month with a $5000 deductible,(me and my spouse)and no paternity coverage at all. No wonder you are against healthcare reform, you get one of the best deals I have ever heard of. So how much does "I got mine" taint your ability to process economic theories? "There is a fine line between clever and stupid" David St. Hubbins -
Senior Member
Array  Originally Posted by I_luv_saber I swear on all that is holy that I tried to steer it back  . In retrospect, now I realize I should have simply named it "Transparency and CSPAN".... I was ready and willing to do three pages on Robert Gibbs' tie color, and how, in my family, when people say "Scott McClellan", everyone thinks about a big Black guy. Who is related to the rest of us really really White folk (This is what happens when you allow people to adopt in the 1970s). I was getting out the press secretary bingo cards. I was hoping to talk about whether or not CJ Craigg was too close to her press corps, and whether or not that continued when she became Chief of Staff. But noooooooooooooooooo. -
Senior Member
Array I was thinking more about transparency in general but... that's a lot better. I lol'd. Rep. "I may disagree with what you have to say, but I shall defend, to the death, your right to say it." -
Senior Member
Array  Originally Posted by downunder Only if you look at economics from a first year macroeconomics point of view. My third year has a real focus on behavioural and socal economics which are really interesting relatively unexplored areas.
If Inq really wants to bring this down to economics then he can refute my statement that there is market failure in the US heathcare industry due to adverse selection, moral hazard, asymmetric information, demand inducement, barriers to entry in the insurance market etc etc. (not like I looked at healthcare in a second year module  ) Inq just happens to be much smarter and more knowledgable about economics than you will ever be. (So much for socialist countries being good at educating their citizens). I can't wait until he replies to you and rips you a new one.  Originally Posted by jessicasimpson Wow, last year I was quoted $745 a month with a $5000 deductible,(me and my spouse)and no paternity coverage at all. No wonder you are against healthcare reform, you get one of the best deals I have ever heard of. So how much does "I got mine" taint your ability to process economic theories? Maybe you should work harder and get a better job with better benefits. I'm sick and tired of hearing people complain about not making enough or not getting enough benefits when their completely unwilling to change and work harder. Bury socialist healthcare with Ted Kennedy.
Cutting liberals down to size is my business, and business is GOOD. -
 Originally Posted by chase Inq just happens to be much smarter and more knowledgable about economics than you will ever be. (So much for socialist countries being good at educating their citizens). I can't wait until he replies to you and rips you a new one.
Maybe you should work harder and get a better job with better benefits. I'm sick and tired of hearing people complain about not making enough or not getting enough benefits when their completely unwilling to change and work harder. Chase, I don't know you, but I see a disturbing trend in your posts; anger and insults.
Regardless of the post you happen to be replying to, I see a consistent pattern of hatred and dismissiveness of anything and anyone you disagree with. Even more disturbing is that you will invent "facts", and say just about anything, to support your truly anti-social behavior.
Unfortunately, you're likely to dismiss me, and probably insult me in the process, rather than taking a good hard look at yourself, but I hope you'll give it some thought.
You're only a teenager and have a lot to learn. Believe me that if teenagers really did know it all you'd be running the world. - Wisdom is the knowledge of how much you don't know. -
Senior Member
Array  Originally Posted by chase Inq just happens to be much smarter and more knowledgable about economics than you will ever be. (So much for socialist countries being good at educating their citizens). I can't wait until he replies to you and rips you a new one. If you can't wait for Inq, then I have a good guess as to what he will say:
"Just because you say there is a market failure does not make it true"  Originally Posted by chase Maybe you should work harder and get a better job with better benefits. I'm sick and tired of hearing people complain about not making enough or not getting enough benefits when their completely unwilling to change and work harder. Maybe I should just blame Obama and liberals for everything. Works for several people on this board "There is a fine line between clever and stupid" David St. Hubbins -
Senior Member
Array  Originally Posted by Hauptman Chase, I don't know you, but I see a disturbing trend in your posts; anger and insults.
Regardless of the post you happen to be replying to, I see a consistent pattern of hatred and dismissiveness of anything and anyone you disagree with. Even more disturbing is that you will invent "facts", and say just about anything, to support your truly anti-social behavior.
Unfortunately, you're likely to dismiss me, and probably insult me in the process, rather than taking a good hard look at yourself, but I hope you'll give it some thought.
You're only a teenager and have a lot to learn. Believe me that if teenagers really did know it all you'd be running the world. I'm sorry that I come off as angry and insulting but I am only meeting fire with fire.
Would you mind listing which facts that I have pointed to which are not widely accepted? I see how some of the liberal persuasion might think that me asserting that it is a fact that global warming has yet to be proven (ahem record winter), yet, I alone did not "just make it up," true scientists whom do their due dilligence point out that fact. And there are many more facts that are disputed. Just because I fall on the other side of the dispute doesn't mean that you should be dissmissive of my facts and say that I made them up, when in fact many agree with me. Bury socialist healthcare with Ted Kennedy.
Cutting liberals down to size is my business, and business is GOOD. -
 Originally Posted by chase I'm sorry that I come off as angry and insulting but I am only meeting fire with fire.
Would you mind listing which facts that I have pointed to which are not widely accepted? I see how some of the liberal persuasion might think that me asserting that it is a fact that global warming has yet to be proven (ahem record winter), yet, I alone did not "just make it up," true scientists whom do their due dilligence point out that fact. And there are many more facts that are disputed. Just because I fall on the other side of the dispute doesn't mean that you should be dissmissive of my facts and say that I made them up, when in fact many agree with me. Your response was not un-expected; attempting to blame others for your poor behavior, and ignoring the many, many, many times your stated facts have been proven otherwise.... global warming is not the issue at hand and only one of the many topics you have commented on. You're obviously not sorry, otherwise you wouldn't behave that way. Poor choice.
Again I would urge you to more introspection, and self-examination. If you can never acknowledge when you are wrong then how can you ever learn? You might take note of my signature as well. Good luck to you.
Last edited by Hauptman; 01-19-2010 at 01:09 AM.
- Wisdom is the knowledge of how much you don't know. -
Senior Member
Array  Originally Posted by chase
Maybe you should work harder and get a better job with better benefits. I'm sick and tired of hearing people complain about not making enough or not getting enough benefits when their completely unwilling to change and work harder.  Originally Posted by chase The problem is that I am not particularly good or interested in anything in particular.
Being an entrepreneur seems really dangerous, and I think I read somewhere that most small businesses fail. It seems unlikely that I will be able to have the income and lifestyle I want if I do that. And if it fails, what would I do afterward?
The only reason I considered law is because I read that most graduates of UT Law make $130,000 to start. Then I found out that they have to work really really long hours doing boring stuff (some never even get to argue in court), AND that jobs are becoming harder to find. (sigh) "My friends, love is better than anger. Hope is better than fear. Optimism is better than despair. So let us be loving, hopeful and optimistic. And we'll change the world." Jack Layton (1950-2011) RIP -
Senior Member
Array  Originally Posted by Hauptman Your response was not un-expected; attempting to blame others for your poor behavior, and ignoring the many, many, many times your stated facts have been proven otherwise.... global warming is not the issue at hand and only one of the many topics you have commented on. You're obviously not sorry, otherwise you wouldn't behave that way. Poor choice.
Again I would urge you to more introspection, and self-examination. If you can never acknowledge when you are wrong then how can you ever learn? You might take note of my signature as well. Good luck to you. All I'm asking for is a list of facts that you think that I made up. I need to start somewhere to be able to understand? Bury socialist healthcare with Ted Kennedy.
Cutting liberals down to size is my business, and business is GOOD. -
Senior Member
Array  Originally Posted by chase All I'm asking for is a list of facts that you think that I made up. I need to start somewhere to be able to understand? You can start with "UT is the best school in the world" "There is a fine line between clever and stupid" David St. Hubbins -
Senior Member
Array  Originally Posted by jessicasimpson You can start with "UT is the best school in the world" I said it was ONE of the best in the world, and the best in the midwest and west, with the possible exception of Stanford. Bury socialist healthcare with Ted Kennedy.
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