3min chapter

Lex Fridman Podcast cover image

#263 – John Abramson: Big Pharma

Lex Fridman Podcast

CHAPTER

Drugs Cost Too Much - The Alternative to the Government Intervention

One argument against government or sorry, an alternative to the government intervention is the market can work better if the citizenry has better information. People want to understand what's good for their lives and they're willing to listen to charismatic people that are able to clearly explain what is good for them. And more than 80% of people think that drugs cost too much and the drug industry is too interested in profits.

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