pharma industry swindle

U.S. Pharmaceutical Industry Reveals Its Latest Rent-Seeking Swindle

For as long as I've been writing on this website, I've argued that the U.S. economy has become little more than a gigantic rent-seeking swindle where much of the wealth being "created" isn't being created at all. Rather, money is being shuffled around and extracted from the population at large via increasingly elaborate and preposterous schemes. Indeed, it appears much of the nation's creative energy is being directed at discovering new corporate scams, versus the invention of new goods and services that benefit everyone.