Recently Bizarro reposted the 2013 cartoon shown above in response to the 2016 kerfuffle over the price hikes in the EpiPen (access to which can be an actual life or death issue for people with severe allergies). In response, a good friend of mine who is a staunch defender of free market libertarianism sent me this National Review article and asked for my response.
So, I wrote the following response which gave me a chance discuss the moral value of economics. This is something I've been meaning to do for a while. I don't write or teach systematically about the intersection of theology and economics, so this gave me the opportunity to organize some preparatory thoughts from my perspective as a professional pastor, and a very amateur economist.
First, a note on Bizarro comic I posted. What I find interesting-- and why I posted it-- is because these Big Pharma stories are so endemic and systemic. They regularly occur. And even the comic itself was written in 2013. So whatever is going on, we keep coming back to it like Groundhog's day.
