People who know nothing about advertising, nothing about pharmaceuticals, and nothing about economics have been loudly proclaiming that the drug companies spend too much on advertising - and demanding that the government pass laws based on their ignorance.
Thomas SowellOne of the beauties of an economy coordinated by price movements is that nobody has to understand it in order for it to work.
Thomas SowellThe big divide in this country is not between Democrats and Republicans, or women and men, but between talkers and doers. Think about the things that have improved our lives the most over the past century - medical advances, the transportation revolution, huge increases in consumer goods, dramatic improvements in housing, the computer. The people who created these things - the doers - are not popular heroes. Our heroes are the talkers who complain about the doers.
Thomas SowellAfter political crusades for 'affordable housing' ended up ruining the housing market and much of the economy with it, many of the same politicians are now carrying on a crusade for 'affordable health care.' But what you can afford has absolutely nothing to do with the cost of producing anything. Refusing to pay those costs means that you are just not going to continue getting the same quantity and quality - regardless of what any politician says or how well he says it.
Thomas Sowell