Free Markets Are for Suckers: Drug Makers Know the Money Is in Monopolies

By: Saturday February 26, 2011 6:30 am

Yesterday, Ezra Klein was talking about the relative profitability of different parts of the health care sector. Looking at the data, what stuck out to me wasn’t just how unbelievably profitable the major drug manufacturers were (with 23 percent net profit margins), but how dramatically more profitable they were than the rest of the health [...]

Compromise Fetishists: How Secret Deals Obscure Accountability, Subvert Democracy

By: Saturday May 8, 2010 5:55 am

There is nothing inherently good about compromise. The ability to form a good compromise, when it is necessary, is an important skill. But you should compromise only when you can’t completely achieve what you want without it. If you have sufficient votes or support for your position and think it is the best choice of [...]

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