US plans to rejoin UNESCO. Trump pulled us out because the organization is flagrantly anti-capitalist and anti-US. Biden is not only rejoining; he has agreed to $619 million in “arrears” payments.
More than 90% of cancer centers are impacted by drug shortages.
Cato paper on new technologies: Should we try to avoid harmful effects by regulation or by tort law?
The New York Times: “Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study Says,”
Bloomberg: “Biggest Losers of AI Boom Are Knowledge Workers, McKinsey Says.”
The shortage of cancer drugs is a supply chain issue. Most of the world supply of the drugs in question was being made in ONE factory in India. The factory was shut down after an FDA inspection found many flaws. The product uses platinum…found mainly in Russia and South Africa. The South African mine is shut down, and Russia, well………
The drugs are generic here, so no US company can make a big profit on producing them.
What a mess!