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While we're running through Tyler's greatest hits, he also argued in favour of high prices for drugs [0], since lower prices would lower innovation. If the adv
by soVeryTired 7y ago
While we're running through Tyler's greatest hits, he also argued in favour of high prices for drugs [0], since lower prices would lower innovation.
If the advocate of lower drug prices does not have clear quantitative evidence for a conclusion of “lowering drug prices will not harm innovation very much,” commit the analysis to the flames, for it harbors nothing but sophistry and illusion.
Tyler Cowen is the opposite of Batman. I genuinely don't understand why he gets so much press.
[0] https://marginalrevolution.com/marginalrevolution/2015/09/are-pharmaceutical-drug-prices-too-high.html https://marginalrevolution.com/marginalrevolution/2015/09/ar...