LATEST BLOGS

People Who Shout “Science” Often Don’t Know What it Means
By TODD MYERS  | 
Apr 28, 2017

Last weekend was the so-called “Science March,” and there has been a great deal of debate about what, if anything, it may have achieved. Climate scientist Cliff Mass at the University of Washington has a nice blog on why he opposed the march. Some of the reports from the March were hopeful. Some were outright bizarre.

The political fight about science, however, will continue. Politicians and activists will continue to claim “The Science says…” in support of their particular political viewpoint. Rather than honoring science as an open-minded method for gaining knowledge about the physical world, this approach destroys it – making it both less valuable to policymakers and undermining the perception of science as objective and fact-based.

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The Role of Drug Pricing in Health Care Spending
By ROGER STARK  | 
Apr 28, 2017

Last year, health care spending in the U.S. accounted for 18 percent of the economy. Many people have the impression that extremely high prescription drug prices are the main driving forces behind this ever-increasing health care spending. Washington Policy Center (WPC) recently published a Policy Note that concluded drug pricing is a complex issue and that multiple levels of economic activity contribute to the ultimate pricing level. 

This week, the Pacific Research Institute (PRI) released a new study on prescription drug pricing.The author, Dr. Wayne Winegarden, studied drug pricing in relation to overall trends in health care spending in the U.S. He found no correlation between the rise and fall of drug prices and the rise and fall of overall health care costs.

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