The Promise of Technology
The Biggest Breakthroughs Have Not Yet Been Made
show comments
  • Andrew Allison

    “We’ve noted before that top-heavy single-payer style health care systems could suppress key technological innovations we’re going to need to make the medical industry cheaper and more efficient.” has what, exactly, to do with, “An accidental discovery by an Argentinian car mechanic.”? VM’s biases are showing.
    The whole point of the story (as I pointed out when drawing your attention to it) is that the medical profession has failed to innovate in this area for “almost centuries”.

  • AD_Rtr_OS

    How long will it take the FDA to approve use of this device, particularly because it wasn’t invented by BigPharma, or an M.D.?

  • free_agent

    You write, “It’s somewhat shocking that “almost centuries” have gone by without
    producing innovations in this area, but this story tells us more about
    the future than the past. We’ve noted before
    that top-heavy single-payer style health care systems could suppress
    key technological innovations we’re going to need to make the medical
    industry cheaper and more efficient.”

    Actually, the situation is more interesting than that. During “almost centuries” (the obstetrical forceps was invented in the early 1600s) the medical system has gone through a number of different economic configurations. And it seems that in this area, there wasn’t a great deal of technological progress under any of those configurations.

    In the case of VM’s particular fear, we can probably get some evidence comparing the last 50 years of US vs. European medical systems. Are there any “technological innovations that make the medical industry cheaper and more efficient” that have arisen in the US but been suppressed in Europe? I know of US innovations that haven’t been widely adopted in Europe, but they’re not ones that make medical care cheaper…

© The American Interest LLC 2005-2017 About Us Masthead Submissions Advertise Customer Service
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.