Nerd Economist: Ray Keating

Monday, June 22, 2020

PRESS CLUB C Podcast with Ray Keating – Episode #16: In Defense of Drug Companies


Ray goes on a rant defending the pharmaceutical industry against “stupid” attacks by politicians seeking to impose price controls. Ray argues that if you want new and improved medicines, vaccines, etc., then don’t buy into what politicians are selling when it comes to attacks on drug companies. Also, Keating notes why “Big Pharma” is a political phrase that has little to do with the entrepreneurial realities of the prescription drug business. Tune in here! 

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