That ‘Americans pay for drug R&D’ point

In the unlikely event that you've fallen for the absurd myth "US healthcare is really expensive because they pay for the rest of the world's drug development"... Total global pharma R&D spending was US$53bn for 2004 (it won't have order-of-magnitude changed since then). US healthcare spending was US$2.4 trillion for 2007. So even if you … Continue reading That ‘Americans pay for drug R&D’ point

Punishment from the gods

Apologies for lack of posting, I've been struck down by something resembling the flu. I was lucky as it wasn't quite as full-on I WANT TO DIE as it's been described by some (although there were a few hours like that), but deeply unpleasant and not recommended nonetheless. Anway, I've not been blogging much during … Continue reading Punishment from the gods

How to rebuild your credit rating

I wrote this as a response to someone on B3ta, but realised it might be useful for a wider audience: First, get your debts cancelled, written off, paid, or otherwise disposed of. The Citizens Advice Bureau will explain this best. Don't pay anyone anything for advice - it won't be any better than the CAB's … Continue reading How to rebuild your credit rating

How dare you provide me with goods and services

B3ta's Question of the Week is on banks and banking. Oddly enough, the consensus is 'against'. However, someone called 'Star Wars' has a rather nice post going against said consensus, which distills most (not all) complaints that people make about retail banks and penalty charges: I opened a bank account once in the full and … Continue reading How dare you provide me with goods and services

Rewriting history, recession edition

Says Railway Eye, a cynical and Tory-leaning transport blog: There is certain information that voters and taxpayers might reasonably expect a Government department to know. Or at least have a reasonable stab at. Such as just how risky NatEx's very aggressive bid for the East Coast franchise was; bearing in mind that the previous operator … Continue reading Rewriting history, recession edition