(Ranbaxy plant in Mohali, India)
Surprisingly few for drug possession
02 Mar 2020 Leave a comment
in economics of crime, law and economics, politics - New Zealand
BOTTLE OF LIES: THE INSIDE STORY OF THE GENERIC DRUG BOOM by Katherine Eban
02 Mar 2020 Leave a comment
The other day I was chatting with my doctor and I mentioned to him that he should consider reading Katherine Eban’s recent book, BOTTLE OF LIES: THE INSIDE STORY OF THE GENERIC DRUG BOOM. He was not familiar with the title but as we chatted about the role of India and China in reverse engineering American brand name medications his eyes lit up. My physician is of Indian descent and he described to me what he witnessed when visiting India and the practices pursued by Indian generic drug manufacturers, particularly Ranbaxy. He described disingenuous practices, fraud, corruption, the lack of government oversight and a myriad of illegal practices pursued by companies that went against the FDA’s best practices protocols. Since 40% of all generic drugs are produced in India and 80% of the active ingredients in all drugs are produced in India and China his…
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Does Fractional Reserve Banking Endanger the Economy? A Debate
02 Mar 2020 Leave a comment
in applied price theory, Austrian economics, business cycles, comparative institutional analysis, economic history, economics of information, economics of regulation, law and economics, macroeconomics, monetary economics, property rights Tags: economics of banking, monetary policy
The Sad Irony Of Affirmative Action
02 Mar 2020 Leave a comment
The Sad Irony Of Affirmative Action
Introduction
Author of “The Sad Irony of Affirmative Action”, Gail Heriot, is a Professor of Law at the University of San Diego School of Law. She has also been a member of the United States Commission on Civil Rights since 2007. She is the author of numerous academic and professional papers, and over thirty of them have been featured on the Social Science Research Network. She also is a columnist for National Review Magazine.
In “The Sad Irony of Affirmative Action”, Heriot delves into the consequences and shortcomings of Affirmative Action, specifically in the college admissions process.
Summary
Introducing her argument, Heriot states a few facts showing the apparent ineffectiveness of affirmative action– “If this evidence is correct, we now have fewer African-American physicians, scientists, and engineers than we would have had using race-neutral admissions policies. We have fewer college professors…
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More bond market fraud by green politicians
01 Mar 2020 Leave a comment
in economics of crime, environmental economics, financial economics, global warming, law and economics, politics - USA
From http://www.g-a-i.org/wp-content/uploads/2019/10/Green-Fog-Climate-Change-Report-GAI-Investigation.pdf?mod=article_inline and see too https://www.wsj.com/articles/lukewarm-bond-yields-belie-mayors-climate-alarm-11572303011
What drives housing prices up?
01 Mar 2020 Leave a comment
in economics of regulation, politics - USA, Public Choice, rentseeking, urban economics
.@economicpolicy shows massive reduction in minorities poverty since 1996 federal welfare reforms
01 Mar 2020 Leave a comment
in politics - USA, poverty and inequality
https://t.co/KRkJimq5bH—
EPI Chart Bot (@epichartbot) February 24, 2020
Pandemic timelines
01 Mar 2020 Leave a comment
in economics of natural disasters, health economics Tags: economics of pandemics
Anti-science @Greenpeace @Greens @NZGreens @jamespeshaw #globalwarming #climateemergency
01 Mar 2020 Leave a comment
in economics of natural disasters, energy economics, environmental economics, global warming, politics - Australia, politics - New Zealand, politics - USA Tags: climate alarmists, expressive voting, pessimism bias, regressive left
Henry Ford had 450 employees in 1908!
01 Mar 2020 Leave a comment
in economic history, entrepreneurship, health and safety, human capital, industrial organisation, labour economics, labour supply, managerial economics, occupational choice, organisational economics, personnel economics, survivor principle Tags: creative destruction
The Feel-Good Folly of Fossil-Fuel Divestment! @TaxpayersUnion
01 Mar 2020 1 Comment
in economics of bureaucracy, economics of regulation, energy economics, environmental economics, global warming, income redistribution, politics - New Zealand, Public Choice, rentseeking Tags: active investing, climate alarmists, efficient markets hypothesis, passive investing, pessimism bias
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