EconTalk
EconTalk
Russ Roberts
Vinay Prasad on Pharmaceuticals, the FDA, and the Death of Duty
1 hour 9 minutes Posted Jan 30, 2023 at 11:30 am.
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Show notes

Oncologist and epidemiologist Vinay Prasad argues that too many very expensive drugs get approved by the FDA that have very limited impact on the lives of patients. Prasad explains the incentives that distort the current system. The general problem, he explains to EconTalk host Russ Roberts, is the death of duty--too many players in the health care landscape and elsewhere stay quiet or do the wrong thing in order to serve themselves.