Today's (20 January 2008) New York Times has a useful piece about the Conflict of Interest between device companies and surgeons.
Seems that, in the clinically still-murky field of spinal surgery, an awful lot of doctors are implanting devices made by companies in whom their financial interests, now disclosed, were there from the get-go.
What's most disturbing about this saga, though, is the notion that "in the case of the Prodisc clinical trial, as with any clinical research, the doctors were supposed to be acting not as advocates for the product but as objective scientists studying whether the disk was safe and effective."
How is it possible to do both? What are they thinking?
Oh, that's right. They're thinking, I can do well and do good.
But Richard Deyo, MD, of Oregon Health Sciences University, quoted in the Times piece, perhaps says it best:
“The surgeons themselves are guilty of being insufficiently critical of products and techniques they are developing....” More people are interested in getting on the gravy train than on stopping the gravy train.”
Guess the Pogo Effect is now the norm.
That Shrinking Slice of a Barely Growing Pie: Why the Glorious Economy of Ours Feels so Crummy - ves here. There's one thing to add to Richter's useful recap of what the supposedly sparkling 3Q GDP results mean for those of us who live in the real econ...
58 minutes ago