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The Red Pill for Pill Ad Headaches

“Suppose all Americans and Kiwis look to their own self-interest by avoiding advertised drugs whenever possible. In that case, drug manufacturers would have an incentive to stop DTCA of their own accord.” ~Robert E. Wright

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Timiraos on Supply-Side Disinflation

“Slowing down total spending growth (current-dollar GDP) by hiking interest rates and shrinking the balance sheet clearly mattered. Supply-side improvements do too, but they’re likely playing the role of the sidekick rather than the hero.” ~Alexander W. Salter

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