Yet Another Diatribe on Patent Monopolies and How They Are Not Talked About in Polite Company

I had a short vacation last week, so my comments are both late and short. I will yet again take a shot at patent monopolies as a mechanism for financing the development of prescription drugs. This is because it is in the news, both with Purdue Pharma’s settlement in the opioid case and also with China’s moving forward in distributing a coronavirus vaccine.

Patents and Lying

Starting with the Purdue Pharma settlement, I did not see any mention anywhere of the fact that government-granted patent m...