dfa

4 ms·

1. 1.▲
   by dfa 16y ago

   If they dislike the price controls and monopsonies that exist in other countries, they can avoid those markets entirely. Once they agree to participate and begin exporting their drugs, we should have every right to import them back at a dis
2. 2.▲
   by dfa 16y ago

   I don't think it's the only problem with globalization, but having recently paid out-of-pocket for an expensive, patented prescription drug, I think it's one of the biggest, and much of the hollow pro-globalization, pro-free trade rhetori
3. 3.▲
   by dfa 16y ago

   With other words: What does "globalization" really mean? Empirically, it appears to mean a global market for land, labor, and capital with national and regional markets for consumer goods.
4. 4.▲
   by dfa 16y ago

   Wonderful! So this means I and other Americans will soon legally be able to purchase prescription drugs from other countries where drug companies sell them for much less money? Oh, I forgot; "globalization," as meant by multinational corpor
5. 5.▲
   by dfa 16y ago

   I know economists still have soft spots in their hearts for Smith and Ricardo, but how, in 2010, could anyone honestly cite comparative advantage in support of free trade when the markets for land, labor, and capital have gone global? No na