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Benefits Quotes

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Benefits Quotes

“We ought to give our friend pain if it will benefit him, but not to the extent of breaking off our friendship; but just as we make use of some biting medicine that will save and preserve the life of the patient. And so the friend, like a musician, in bringing about an improvement to what is good and expedient, sometimes slackens the chords, sometimes tightens them, and is often pleasant, but always useful.”

“You can think of the Health Impact Fund as a mechanism that would keep the benefits and burdens of pharmaceutical innovation for the affluent roughly as they are while massively reducing the burdens presently imposed upon the poor. This sounds like magic. But it really works because the current system is not Pareto efficient. It's a system that generates hundreds of billions of dollars in litigation costs and deadweight losses that HIF-registered medicines would sidestep. By avoiding these losses, the HIF reform can bring improvements all around - including for pharmaceutical innovators.”

“But nothing is more estimable than a physician who, having studied nature from his youth, knows the properties of the human body, the diseases which assail it, the remedies which will benefit it, exercises his art with caution, and pays equal attention to the rich and the poor.”