Two members of Congress have demanded an explanation from the National Institutes of Health (NIH) over possible Chinese intellectual property theft at U.S.-funded medical research institutions. Reps. Jim Banks (R-Ind.) and Mike Gallagher (R-Wis.) have launched an investigation into the NIH’s handling of cases of scientists who were recipients of U.S. grants but failed to […]
The Economics of Cryptocurrency Pump and Dump Schemes…
The surge of interest in cryptocurrencies has been accompanied by a proliferation of fraud, largely in the form of pump and dump schemes. This column provides the first measure of the scope of such schemes across cryptocurrencies. The results suggest that the phenomenon is widespread and often quite profitable, and highlight the need for concerted […]
Kiss What Is Left of Your Medical Data Privacy Goodbye…
Matt Stoller warned back in 2012 that insurers would increasingly induce, then force, customers to agree to surveillance. But a Wall Street Journal story tonight describes how insurers and medical providers, meaning your doctor’s employers, are actively cooperating, so as among other things, to help Big Pharma peddle more drugs to you. Stoller warned that […]
Quelle Surprise! Study Confirms that ACA Narrow Networks Exclude Top Cancer Doctors…
Lambert and once in a great while yours truly have written about one of the nasty-by-design ways insurers game Obamacare: via so-called narrow networks. Bear in mind that there is no precise definition, but a “narrow network” is one that restricts access to specialists. We’ve pointed out that this feature can allow insurers to engage […]
“New York Times Article Promotes Price-Fixing in the Drug Market”…
That little cartel-hugging, rent-seeking suck-up, Austin Frakt, just posted that the solution to high drug prices is higher drug prices…