Unfortunately, in rich-world health, innovation is both your friend and your enemy. Innovation is inventing organ replacement, joint replacement. We're inventing ways of doing new things that cost $300,000 and take people in their 70s and, on average, give them... ...
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Looking at these issues as a businessman, I believe that investing in the world's poorest people is the smartest way that our government spends money.
I want to make clear that we respect the role of government in our legal andeconomic system.
The answer is simple, and harsh. The market did not reward saving the lives of these children, and governments did not subsidize it. So the children died because their mothers and their fathers had no power in the market and... ...
Someone in the society has to deal with the reality that there are finite resources and we're making trade-offs, and be explicit about that. When the car companies were found to have a memo that actually said, "This safety feature... ...
The nuclear approach I'm involved in is called a traveling-wave reactor, which uses waste uranium for fuel. There's a lot of things that have to go right for that dream to come true - many decades of building demo plants,... ...
Taxes are an investment in America.
Why do people benefit in inverse proportion to their need? Well, market incentives make that happen.
The machines need to get faster. They need to get cheaper.
You know capitalism is this wonderful thing that motivates people, it causes wonderful inventions to be done. But in this area of diseases of the world at large, it's really let us down.