If there had been a webpage monitoring the progress of the actual moonshot in the 1960s, it would have said stuff like “we built a rocket” and “we figured out how to get the landing module back to the ship.” In 1969, it would have just said, “hello, we landed on the moon.” It would not have said, “we are working to establish the evidence base on multilevel interventions to increase the rates of moon landings.”
This is Adam Mastroianni skewering the “science moonshot” initiatives, and rightfully so. If all we have to show for them are 2,000 papers full of mealy-mouthed prose, it was a ground shot at best.
Failure of imagination, drug cost edition
Here are a few facts we should all be able to agree on:
- The US has the highest drug prices in the world
- The US has the highest clinical trial costs in the world
- American drug R&D is so developed that it subsidizes the rest of the world
The disagreement lies in how these three are connected. If I interpret the Marginal Revolution school of thought correctly, drug prices are high (1
) because America subsidizes all R&D (3
) while having the highest clinical trial costs (2
). So, 3 + 2 → 1
and limiting 1
to make drugs more affordable will lead to a negative feedback loop which would limit 3
. This is why people who want to regulate down drug prices are “Supervillains”
This implies that most drugs approved in the US are (1) life-saving and (2) have no other alternative. My gut reaction, backed by no direct research but some insight in cancer drug effects and mechanism of action, is that this is not the case and that if someone were to perform a rigorous review of approved drugs they would see that most are me-too drugs with marginal benefit. That is not, however, the argument I’m trying to make here which is why it is relegated to the margin. responsible for future deaths of millions of people who won’t be able to benefit from the never-developed drugs.
But of course, if 3 + 2 → 1
were true, there are two more ways to lower 1
: limiting the scope of R&D (3
) — which wouldn’t be the first time — or, preferably, lowering clinical trial costs (2
), which have ballooned out of all proportion thanks to a potent mix of
To expand on this, on the margin for now and in a separate post later: pre-clinical and phase 1/2 startups get billion-dollar valuations based on but a dream of success, which gets them hundreds of millions of dollars in their accounts, which in turn gets them to spend like drunken sailors on what should be low-single-digit million-dollar trials, which gets you to $>10M phase 1 trial, which borders on clinical trial malpractice. regulatory burden and oodles of money floating around the pharmaceutical/biotech space. The reason for all that money flying around? The promise of high payout guaranteed by unregulated drug prices! So: 1 + 3 → 2
.
And if both of those relationships are true, well then there is a positive feedback loop in play, also known as a vicious cycle, and if there is one word that encapsulates the American drug cost landscape “vicious” is better than most.
The problem with high clinical trial costs isn’t only that they serve as an excuse for/lead to high drug prices. They also pose an impossibly high barrier for disconfirmatory trials that could get hastily approved but ultimately ineffective drugs out of the market (see Ending Medical Reversal). Because even in the world of Marginal Revolution’s hyper-accelerated approvals and early access to all, patients and physicians alike would need formal measures of safety and efficacy as a guide, and clinical trials are the ultimate way to do it. So we’d better have a quick-and-dirty way to do those too.
Unless the failure of imagination is mine, and in the Marginal Revolution world it would be an artificial intelligence sifting through “real-world” data for safety and efficacy of the thousands of new medical compounds and procedures blooming in this unregulated Utopia, perhaps even recommended and/or administered by LLMs who would finally bypass those pesky rent-seeking doctors. You have to see item number 6 to believe it. I did a double-take. Then again, maybe I shouldn’t take economists so seriously.
The Junk Charts blog sometimes links to charts that are not junk at all, today being one of those times. The link is to some beautiful storytelling on the many neighborhoods of New York City and now I wish the Washington Post had something similar for DC.
This page from Carl Sagan’s The Demon-Haunted World was common sense when it first came out almost 30 years ago. Today it reads like a revolutionary screed.

Some questions about biotech that Alex Telford finds interesting. The last one was my favorite.
This is from Alex’s blog. He also has a newsletter which doesn’t overlap, so best to follow both.
From the Antidotes to cynicism creep in academia:
Let me reiterate what I said before: when someone sends me a paper or a newspaper article about a paper, my view today is that the conclusions may or may not be valid. I don’t expect things to hold up just because this is a scientific paper (compared to a blog post), or because it is peer-reviewed (compared to a preprint), or because it is published in Nature or Science, or because it is published by a famous scientist. I think my view is reasonable and supported by evidence, at least in the fields I work in.
This is also my view, and applies equally to The New England Journal of Medicine, The Lancet and JAMA as it does to Nature or Science. They are for-profit businesses who will do things for profit, not for elevation of science. The article goes on to list the titular antidotes from the position of a tenured professor of psychology working in Europe. My own antidote to cynicism creep in academia was slightly different.
Adam Mastroianni identifies the real reason for the lack of scientific progress:
I certainly believe that Nature makes some mysteries easier to untangle than others—it’s easier to study Earth than it is to study Pluto—and some of those mysteries might be unsolvable entirely. But the main limit to scientific inquiry isn’t reality. It’s us.
Studies like this one we just published, about immunotherapy of T-cell lymphoma, used to take up all of my time; now, they are a weekend project at best. How times change.
I make a lot of charts and I watch a lot of basketball. I am therefore obligated to link to this explanation of why line chart baselines do not need to start at zero, which uses some basketball statistics to make a compelling case. (ᔥWaxy.org)
“Maybe that’s why young people make success. They don’t know enough. Because when you know enough it’s obvious that every idea that you have is no good.”
This was Richard Feynman per the James Gleick biography, and he was correct! Biomedicine is now in this position, as I wrote yesterday.