Month: May 2020

The value chain in American prescription drugs

It is 5:43pm on Saturday, May 16, 2020. COVID-19 continues to be the topic du jour. My personal objectives today included eating breakfast, power-washing our deck, helping Holger with elementary reading, and attempting to develop some insights on the structure of the pharmaceutical industry. Introductory and meandering thoughts I have been working in the insurance …

Mothers’ Day 2020

It has been a pleasant Mothers’ Day, Covid-19 notwithstanding. Saturday’s weather arrived as a rude and unwelcome winter guest, unconcerned with whether we were prepared for his visit. Sunday greeted us with his prompt departure. Spring has returned. We celebrated as a family with games of fetch and soccer at the field near our home. …

What day is it, anyway? | The Boss, thoughts on debt capital markets, Crete, and Alexis Zorba

While experiencing happiness, we have difficulty in being conscious of it. Only when the happiness is past and we look back on it do we suddenly realize – sometimes with astonishment – how happy we had been.  Zorba the Greek by Nikos Kazantzakis Our family traveled to Crete last year for a vacation. We visited …