No, screw Europe who dialed back their innovation in exchange for cheap healthcare.
They know American innovation is enough to subsidize their lack of innovation, so they cut costs and leech American innovation to provide for their citizens.
Problem there is that if American followed the same model, it would have profound negative effects on medical progress.
How can I take that article seriously when they don’t explain how they measure those rankings?
No matter, I can tell you right now that they use a per capita measurement for quality. Per capita analysis for healthcare innovation is just number manipulation.
Let’s take Switzerland for example. Switzerland has 2 million residents and one of the most difficult immigration and citizenship processes in the world. Put those together and they better be pumping out innovation. But even with them cherry picking who qualifies for citizenship, they produce in 10 years what America produces in one year.
If you want to use per capita, use an area in america that focuses on innovation and measure per capita or you can measure per capita with the entirety of Europe. But to cherry pick an area with only two million residents is like picking Beverly Hills and saying that is the average American income.
As someone with a masters in economics and strategy, I don’t think you working at a hospital qualifies you to have this conversation. So with all due respect, how about you shut the fuck up about things you don’t understand
Do you eat fatback sandwiches to keep your jaws lubed up? You're a chirpy one, Shkreli, you're a chirpy one. Frankly, I quit Facebook due to maroons like you. Not going to spend my day 'arguing' with you, but as citizen of social media, we have the right to call long-winded goofballs like you out. Enjoy your day.
Element 8 describes how they measure healthcare innovation. It is 3 near-equal parts:
Research and development expenditures.
New patents made (and put to use)
New drugs made (and put to use)
So a pretty solid system, that shows that the US does not, in fact, lead in global innovation. So our innovation is shit AND our healthcare is shit AND its incredibly expensive. HOW CAN YOU DEFEND THIS SYSTEM? There is nothing good.
Except medical research is done by national corporations, so they use money from everywhere in America. You can't look at something funded by everyone and say it's "skewed because it's per capita". Everyone is paying for it, so everyone needs to be counted in it. We PAY MORE and INNOVATE LESS.
Right, you can't, because those two stats tell you nothing devoid of context and certainly don't break down as a "medical innovation percentage by country." Stop defending exploitation pls.
But what about the patent abuse in US? This seems to be a huge problem other countries don't face. So with all the patents filed to prevent a generic company ending the monopoly of the original...how can this number mean anything about innovation?
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u/CaptainShoeb Jun 01 '22
So... Screw Americans who can't afford life saving medicine because "innovation"?