Is medical research a Madoff fraud?

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I believe this completely

It is unbelievable that with all this modern technology and medical skill, we can't design a vaccine for West Nile, Lyme Disease, Hanta Virus, AIDS... nothing.

It would an interesting study to compare medical breakthroughs between 1900-1950 and 1958-2008; compare drug discoveries, basic science discoveries, and medical device inventions. Then take the dollars invested in each period, and divide it out to discover the average $/discovery adjusted for inflation.

I suspect we'd be surprised at how underwhelming the modern era would be.

The money is going down a rathole. Just look at the stock exchange. The medical industry isn't in the cure business, it's in the generate revenue business.

Posted by: croberts   Posted on: 12/31/08 You are currently: a Guest | Members login | Terms of Use

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