The standard you walk past is the standard you accept

From Z Energy’s investment statement and prospectus: As part of Z’s commitment to the “Zero Harm Workplaces” programme I have pledged to take personal responsibility for health and safety as a vital part of my business. That’s Z Energy Chief Executive Mike Bennetts. This stuff really does start at the top, and from that statement …

Tamiflu – does not work, costs a lot

A stunning indictment of Tamiflu by The Atlantic. A trail of false evidence and marketing led the US alone to spend $1.5 billion on stock piling the drug for pandemic preparation for things like SARS, and the whole world over $3 billion since H1N1 (swine flu) emerged. This week, the British medical journal BMJ published …

Healthcare – double the inflation rate is unsustainable

I’m reading Stiglitz and Bilmes’ new book – The Three Trillion Dollar War. It sets out to show the cost to the USA of the Iraq war, and they go to lengths to be conservative in their calculations (the end number goes over $5bn, but I have not got there yet). But that’s not the …