Human Nature Needs to Be Back in Business

When two bombs exploded this spring near the Boston Marathon finish line, many rushed to help those who were hurt.  We read about their actions with approval and admiration, but not with surprise.  On some level people understand that it is human nature to try to help, even if doing so involves risk or sacrifice.

This part of human nature is largely absent in business, a world that believes almost entirely in motivation through self-interest and even in the social good of self-interest

The Euphoric Drug of Profit

Should the Pharmaceutical industry be for profit? The orthodoxy is profit motives new drug discoveries, research and without it most drugs would never be discovered. But is the dogma from the profit church true?

Despite prescription drugs having a market growth rate of ~4.5% per year and total US sales of $286 billion, global $745 Billion, in 2007, the press was all aghast at the market decline and blamed it all on the lack of new products.

I wonder if you look at medicine as a product? Well, in the current state of affairs life saving compounds are.