ask alexa

Our new advice feature is in the works, to be released in the next few days. Please stay posted!
Subscribe to our RSS feed
EconLife.com connects economics to everyday life, current events and history.

notes

Why are some pharmaceuticals so expensive – the $8,000-a-dose cancer drug Avastin, for instance? This article from Slate explains that it all comes down to market competition, rather than the costs of development and production.