Marcia Angell on Big Pharma

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4.7 • 4.3K Ratings

🗓️ 26 November 2012

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

Marcia Angell of Harvard Medical School and the author of The Truth About the Drug Companies talks with EconTalk host Russ Roberts about the impact of pharmaceutical companies on academic research, clinical trials and the political process. Angell argues that the large pharmaceutical companies produce little or no innovation and use their political power to exploit consumers and taxpayers.

Transcript

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0:00.0	Welcome to Econ Talk, part of the Library of Economics and Liberty.
0:06.4	I'm your host, Russ Roberts of Stanford University's Hoover Institution.
0:11.0	Our website is econtalk.org where you can subscribe, comment on this podcast, and find links
0:16.3	and other information related to today's conversation.
0:19.0	You'll also find our archives where you can listen to every episode we've ever done going
0:23.3	back to 2006.
0:25.4	Our email address is mailadycontalk.org.
0:28.0	We'd love to hear from you.
0:33.0	Before introducing today's guest, I wanted to mention that this Wednesday, November 28,
0:37.8	2012, Nassim Taleb will be launching his new book, Anti-Fragile, with a live event
0:42.9	at the Powerhouse Serena in Brooklyn, New York.
0:45.2	I'll be joining him there for a conversation about the book.
0:48.6	You may remember we did an e-con talk episode on Anti-Fragile when it was in manuscript.
0:53.5	I'd love to see at the event this Wednesday tickets are $15 and go toward the purchase
0:57.2	of the book, and you can find out more at powerhouseerena.com.
1:02.2	Now for today's episode, today is November 19, 2012, and my guest is Marcia Angel, senior
1:08.7	lecturer in global health and social medicine at Harvard Medical School and former editor
1:12.7	of the New England Journal of Medicine.
1:15.1	She is the author of the truth about the drug companies, how they deceive us, and what
1:18.4	to do about it.
1:19.4	Marcia, welcome to Econ Talk.
1:20.4	Thank you.
	...

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