graph from Think Progress
This free paper has 17 double-spaced pages of easy reading text.Corruption of Pharmaceutical Markets: Addressing the Misalignment of Financial Incentives and Public Health by Marc-Andre Gagnon in the Journal of Law, Medicine and Ethics, Forthcoming at the Social Science Research Network
This paper explains how the current architecture of the pharmaceutical markets has created a misalignment of financial incentives and public health that is a central cause of harmful practices. It explores three possible solutions to address that misalignment: taxes, increased financial penalties, and drug pricing based on value. Each proposal could help to partly realign financial incentives and public health. However, because of the limits of each proposal, there is no easy solution to fixing the problem of financial incentives.