Why Do Americans Pay So Much for Drugs?

Why Do Americans Pay So Much for Drugs?

On Monday, President Donald Trump signed an executive order telling drugmakers to slash the prices of their medicines. Once again, the president showed an amazing nose for interesting questions. Statistically, the U.S. accounts for 4 percent of the world’s population but nearly 50 percent of global pharmaceutical spending. Americans spend three to five times more on new branded drugs than people in Europe. Why? And what's the matter with fixing this problem by just telling pharmaceutical companies that their prices are too damn high? Today’s guest is Jason Abaluck, a health economist at Yale University. We talk about why Americans pay so much for new drugs but, ironically, pay so little for old drugs. We unpack trade-offs between low prices and innovation. And finally, we consider several ways we can have our cake and eat it too: more miracle drugs and more affordability. Because, after all, what is this whole conversation about besides the obvious: How do we design a world in which imperfect people working at imperfect companies nonetheless collaborate to build therapies that save and extend our lives with products we can actually afford? If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Jason Abaluck Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Avsnitt(341)

The Omicron Variant: So, How Bad Is It?

The Omicron Variant: So, How Bad Is It?

Dr. Peter Hotez talks to Derek about what we know about the new COVID-19 variant (a little), what we don't know (a lot), and when we'll know more. Host: Derek Thompson Guests: Dr. Peter Hotez Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

30 Nov 202134min

Buy or Sell Pandemic Trends: Peloton, Movie Theaters, Masks, and More!

Buy or Sell Pandemic Trends: Peloton, Movie Theaters, Masks, and More!

The Atlantic's Amanda Mull joins the podcast to debate Derek about which COVID-19–related cultural trends will thrive or fade in the 2020s. Host: Derek Thompson Guest: Amanda Mull Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

23 Nov 202148min

We Have to Talk About Inflation

We Have to Talk About Inflation

Our first Economic Roundtable discusses rising prices, the Great Resignation, labor shortages, the supply chain mess, Joe Biden’s puking approval numbers, and what the White House can do to turn things around.  Host: Derek Thompson Guests: Michael Batnick and Ben Carlson  Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

19 Nov 202147min

The Future Is Going to Be Weird As Hell

The Future Is Going to Be Weird As Hell

In our first episode, The New York Times’s Kevin Roose joins the show to walk Derek through the metaverse, crypto, NFTs, and the maybe-BS or maybe-brilliant future of technology. Host: Derek Thompson Guest: Kevin Roose Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

16 Nov 202147min

Introducing Plain English with Derek Thompson

Introducing Plain English with Derek Thompson

Longtime Atlantic writer Derek Thompson breaks down your weekly headlines in his new podcast, ‘Plain English.’ From tech to politics to culture, Derek and his expert guests cut through the noise surrounding the news and tackle the big questions that matter to you. ‘Plain English’ launches November 16, with new episodes dropping every Tuesday and Friday. Host: Derek Thompson Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

11 Nov 202138s

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