About

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I have a B.A. in Economics from Amherst College and a Ph.D. in Economics from Washington University in St. Louis.  I was born and raised in St. Louis, Missouri.  I now live in North Monterey County, California. My writings are at the intersection of economics, accounting,  financial analysis, and high tech.  I like to write […]

Dec 29,2017No Comments

The Winner of Biosimilars vs Incumbents in 2017: Competition

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Summary While 2017 has been bad for biosimilar entrants, it has been good for competition as prices for incumbent drugs such as Remicade have dropped significantly for the first time.  Rather than argue for more legal and legislative protection for biosimilars, we argue for a rethinking of competitive strategy on the part of the entrants. […]

Dec 26,2017No Comments

Will Amazon’s Online Pharmacy Display Therapeutic Equivalents?

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Postscript (12/2/2017)   Amazon is now the best hope for a consumer-directed pharmacy benefits website that “crosses the chasm” by suggesting lower cost therapeutic equivalents. It has been ten years since we wrote a paper on The Future of Consumer-Directed Pharmacy Benefits .  The possibility of consumer-directed health care got a new life in the mid-2000s […]

Dec 2,2017No Comments