
A Second Opinion with Senator Bill Frist, M.D.
36 - Craig Garthwaite, Ph.D.: The Economics of Drug Pricing
This our fourth and final episode of a special four part series where we share insights and predictions from our nation's leading healthcare economist. Today, I'm joined by Dr. Craig Garthwaite, an applied microeconomist who is the Herman R. Smith research professor in hospital and health service, and director of the program on healthcare at the Kellogg School of Management. Professor Garthwaite's research examines the effects of government policies and social phenomenon, with a focus on health and biopharmaceutical sectors. You will love his thoughts and his insights on the trade offs necessary to reduce drug prices, how US drug spending drives global innovation, and why presidential candidate Bernie Sanders' healthcare proposal is not actually Medicare for all.
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