Me too drugs

There is a very interesting series of blog posts at the Economist’s Free Exchange blog.

Here’s a quotation from part I: “In what other industry does anyone under the age of sixty still believe that each product category should have one, and only one, product produced by a single company—that competition is not a sign of a healthy market, but profligate waste? Has not one person making this argument (doctors included!) ever had to try multiple drugs for a condition until they found one that worked, or had bearable side effects?