A Wall Street Journal Article Essay - 1529 Words

In a Wall Street Journal article, Jeanne Whalen (2015) notes, â€Å"Drug prices in the U.S. are shrouded in mystery, obscured by confidential rebates, multiple middlemen and the strict guarding of trade secrets.† In other words, the exact cost to research, develop and bring a specific new drug to market is not made public by U.S. drug companies, and neither is the profit earned on a particular drug. The fact that there are so many players in the supply chain, and these players often have confidential contracts in place with the drug companies, makes it difficult to assess whether or not a drug’s price fairly represents it value. Although terms such as â€Å"fair† and â€Å"value† may be argued as meaning different things to different people, the growing uproar from patients, federal and state governments, physicians, and insurers indicates that the pricing practices of U.S. drug manufacturers have reached a tipping point, with some drug prices being termed â€Å"price gouging.† Because of the secrecy and complexity of our free-market based drug pricing system in the U.S., there are no real protections to ensure that price gouging of patients is mitigated. In contrast, many European nations, which have national health insurance programs funded by the taxpayers and charge little to nothing for prescription drugs, have drug coverage systems which include controls that safeguard the system from price gouging. The call for â€Å"rational drug pricing† is a concept that is gaining momentum in the U.S.Show MoreRelatedA Wall Street Journal Article Analysis1287 Words   |  6 PagesIn an ever changing world we have seen the number and complexity of languages become reduced. In a Wall Street Journal article entitled What the World Will Speak in 2115, John H. McWhorter advocates for the world to see these changes as necessary and a way for communication worldwide to become more efficient and simplified. McWhorter shows how langu age has been streamlined for centuries as a way for citizens to adapt rather than viewed as an extinction of culture. Modern English is likely to becomeRead MoreGeneral Overview Of The Article The Wall Street Journal 1452 Words   |  6 PagesGeneral Overview of the Article The Wall Street Journal published an article on November 21st, 2016 by author Sue Shellenbarger about issues concerning sponsored contact and todays school aged generation. The article, â€Å"Most Students Don’t Know When News Is Fake, Stanford Study Finds†, is based on the results of a Stanford Study that was conducted between June of 2015 and June of 2016. The study found that 82% of middle school students couldn’t differentiate between sponsored content and real newsRead MoreAnalysis Of The Article A Great Statement On The Wall Street Journal Essay1058 Words   |  5 PagesDarnell Davis Dr.Esquvail English Comp 1 Research Paper Mark Peters and Douglas Belkin make a great statement in their wall street journal article â€Å"Surprising Finding on Two-Year Vs Four-Year Degree’s† it states a â€Å"college degree is worth the investment†. Most of the time it is not about what kind of grades you will get or what college your accepted into, it is all about perception, including financial issues, level of independence and wheatear or not a major is already determined. Meanwhile,Read MoreAnalysis Of The Article Wall Street Journal Reporter Calvin Lee762 Words   |  4 PagesInterview 1 Wall Street Journal Reporter: Calvin Lee Sarah Herbert and spouse, Woodson (Couple) Montgomery Resident White Ethnicity Attitude towards the Boycott: FOR Famous for supporting the blacks, despite the tension between the two ethnicities and the majority attitude of the whites opposing the boycott. Their lives were at total risk, from ostracism to threats on their loves. INTERVIEWER: Mr and Mrs Herbert, can you please tell us why you chose to be involved in the Boycott? SARAH HERBERT:Read MoreSupply and Demand Essay example1735 Words   |  7 Pagesthe gender of a child before pregnancy and people are satisfying that demand by infertility specialists. The Ventura County Star recently published an article about this subject titled â€Å"Lab Methods Help Parents Pick Babies’ Gender†. This article describes how and why there has been an increase in demand even though there are ethical issues. The article states, â€Å"‘People want it. It’s legal,’ said Dr. Michael Feinman, medical director of HRC Fertility offices in Westlake Village and Encino. ‘In a competitiveRead MoreMajor Economic Journal : Business And Economics Journal907 Words   |  4 PagesBusiness and Economics Journal The first journal I found was Business and Economics Journal which is an open access publisher. The main side gives an overview of useful links like most viewed article, indexing and archiving, eBook etc. Followed by article recommendations based on categories: †¢ Accounting †¢ Business Management †¢ Economics †¢ Finance †¢ Management †¢ Marketing Pursued by a tweet section, Editor Board, and other important information. Nevertheless, this webpage representsRead MoreEssay about Unemployment vs. Inflation895 Words   |  4 PagesUnemployment or Inflation Wall Street Journal Assignment #1 Unemployment and inflation have an inverse relationship meaning that as one increases, the other decreases. According to the textbook, an ideal situation for the Federal Reserve would be to achieve both a low level of unemployment and a low level of inflation. After the 9/11 attacks in New York, the United States was put in a tragic financial crisis that led to the recession in 2008. While the debate for the causes of the 2008 recessionRead MoreShould People Believe in Global Warming?1132 Words   |  5 Pagesbecomes more critical. Since global warming is a severe problem in the world, Bill McKibben wrote the article about the climate change, â€Å"The Reckoning.† He tells that people need to care the three important numbers that relate to global warming. He suggests people to know who make carbon dioxide and what are some effects on the atmosphere. On the other hand, The Wall Street Journal published the article, â€Å"No Need to Panic About Global Warming,† which tells people not to worry about it and actually carbonRead MoreBusiness Communication : Developing Leaders For A Networked World Essay933 Words   |  4 Pagesone should consider in evaluating quality data: reliability, relevance, adaptability, expertise, and biases. The five data sources I chose were the Wall Street Journal, CNN, Fox News, JSTOR, and Seth’s blog. The primary reason these sources attract me are for their political and economic information. My primary source would be the Wall Street Journal. I read it for its economic and political issues. This source has been proven to be reliable. The newspaper is the most circulated in the United StatesRead MoreEssay about Tourism in Hawaii1393 Words   |  6 Pagesdestruction (Trask 260). Haunani-Kay Trask uses rhetoric to discuss these harmful effects in her essay Tourist, Stay Home in order to persuade her readers into believing that tourism can actually be a bad thing for an economy. On the other hand, in his article Surfs Up for the Economy in Hawaii, Jim Carlton uses his own form of persuasion to inform his readers of the benefits that Hawaii is receiving from its present tourism boom. While both authors argue their opposing views, they are using the ethos