Saturday, September 28, 2024

Blogaround

1. The Many Faces of Sun Wukong (September 23) "Some critics complained that Game Science, developers of the wildly popular game 'Black Myth: Wukong,' did the Monkey King dirty. But the mischievous simian has always defied easy categorization."

Also from Sixth Tone: Throwing Shapes: The Rave Experience for Deaf Clubbers (September 25) "The biggest difference between BassBath and other clubbing experiences is that mid- and low- frequency music is played all night, using deep sounds to create somatosensory vibrations."

2. FTC Sues Prescription Drug Middlemen for Artificially Inflating Insulin Drug Prices (September 20) Interesting... When I hear people talk about how certain things are too expensive, like prescription drugs, or housing, etc, and they say it's because big corporations are greedy, I'm kind of skeptical- it must be more complicated than that. For prescription drugs, there's the cost of the research, right? While they're doing the research, they're not making any money from that, and then after they develop a drug, the drug is super cheap to make, but they need to charge a higher amount than that, to make up for the money they spent on research. If uninformed people on the internet are saying "it's so cheap to make, they are being immoral by not selling it for that exact cost", well, if they were required to do that, then it disincentivizes the research. Why spend money on researching new medicines if there's no way for that investment to pay off? Also, factor in the money they spend on research that's not successful- there's an element of risk, and it only makes financial sense for companies to spend money on medical research if then they're able to sell the successful ones for a higher price than simply the manufacturing cost.

I heard that line of reasoning a long time ago, and it came from a Republican perspective so maybe I need to revisit it and ask "Is that *really* how this works, financially, or is this just something people say because they don't want to change anything about the system?"

Because, actually, maybe we should take a closer look at the idea "if they have to sell these medicines at a low cost, then there's no way to make money off them" and ask, wait, should medicine be an area where private companies should expect to make money? Maybe it should be government-funded instead? Maybe that's actually the entire problem, how this line of thinking is locked into the assumption that there needs to be a business model that makes a lot of profits by developing medicines. Rather than thinking "wow it's so great that this medical technology exists, it means we can have a society where everyone has access to the medical treatment they need."

I've seen a lot of social media posts, on twitter and elsewhere, confidently offering ideas for how systems should work differently, and I pretty much roll my eyes at this because people who make these posts don't seem to be thinking it through at all- they have a very very oversimplified idea about how the economy works. Here's an example I saw a while ago- "rent should be lower in February because it only has 28 days." I mean, okay, I guess we could have a system that worked that way, but it wouldn't make a difference in the total amount you're paying over the course of a year- it would mean you paid an amount *higher* than your current rent in a month with 31 days. Like, I recognize that this person is making this social media post because of an actual real problem they are having, about not having enough money to pay rent- and that is a problem which society should take seriously and do something about- but the problem has nothing to do with the fact that the specific dates when your rent is due are not spaced at *exactly* equal intervals. (Or maybe I'm taking it too seriously and it was a joke rather than an actual policy proposal?)

Anyway, when I see people criticizing drug companies for raising prices just because they're greedy, I also feel skeptical about that- is it "just because they're greedy" or is there more to it than that? Surely the company would argue that it's just the cost of doing business, and they could show you a budget breakdown structured accordingly. It's not like they just have a giant pot of money and it's so much they don't even know what to do with it. It's not like they have a budget where one line says "overcharge by thousands of dollars just because we're greedy."

Yes, I do recognize that the price of prescription drugs is way higher than it should be- because other countries don't have this problem. But locating exactly where the problem is, that's gotta be more tricky.

So, the reason I'm sharing this link about the FTC is that this is an actual legal case. This isn't just people on social media complaining about the price of medicine (a very real problem, but I don't think people on social media have a good understanding of the causes or what should be done about it!). The fact that the FTC is suing over it makes me think there *is* a specific problem that they can point to and say that companies broke the law and made prices higher just because they wanted higher profits.

3. A dramatic rise in pregnant women dying in Texas after abortion ban (September 21, via) "Beyond the immediate dangers of pregnancy and childbirth, there is growing evidence that women living in states with strict abortion laws, such as Texas, are far more likely to go without prenatal care and much less likely to find an appointment with an OB-GYN." This is horrifying. 

4. DNA test helps identify sailor from doomed Arctic expedition (September 25, via) "Fitzjames was one of the captains of British explorer Sir John Franklin's two ships that went missing in the summer of 1845."

5. Tips for respecting microlabels (September 25) "Perhaps you’ve seen label stacks provided as a rhetorical example of someone worthy of respect, as if to say, 'yes, we even tolerate those people'."

6. Missouri executes Marcellus Williams despite prosecutors and the victim’s family asking that he be spared (September 25)

7. Chase Bank says it is aware of viral 'glitch' inviting people to commit check fraud (September 4, via) "But in this case, people online seem to be simply committing check fraud against themselves — making it relatively easy for a bank to catch on and hold them accountable." Like I said, people on social media who don't understand how financial institutions work.

8. Stem cells reverse woman’s diabetes — a world first (September 26, via) "They’ve completely reversed diabetes in the patient, who was requiring substantial amounts of insulin beforehand."

9. Maggie Smith, beloved ‘Downton Abbey’ and ‘Harry Potter’ star, dead at 89 (September 25)

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