--- title: "8 Cost Quotes By Thomas Pogge" description: "8 Cost quotes by Thomas Pogge. Plus more from Thomas Pogge and more Cost sayings from other authors." image: "https://sms4smile.com/quotes/i/bf5/thomas-pogge-7757_approval_to-improve-global-health-it-s-not-enough_395321.jpg" --- > [To improve global health, it's not enough just to have a really good new product and to obtain marketing approval. You still…](https://sms4smile.com/quotes/thomas-pogge/to-improve-global-health-it-s-not-enough-just-to-have-a-really-good/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) [Image](https://sms4smile.com/quotes/i/bf5/thomas-pogge-7757_approval_to-improve-global-health-it-s-not-enough_395321.jpg) > [What is really nice about the Health Impact Fund is that it is a win-win, something that without much cost to anyone…](https://sms4smile.com/quotes/thomas-pogge/what-is-really-nice-about-the-health-impact-fund-is-that-it-is-a-win/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) [Image](https://sms4smile.com/quotes/i/6da/thomas-pogge-7757_better-off_what-is-really-nice-about-the-health-imp_738963.jpg) > [The cost of research, development and testing of a new drug is vastly greater than the cost of each dose produced. How…](https://sms4smile.com/quotes/thomas-pogge/the-cost-of-research-development-and-testing-of-a-new-drug-is-vastly/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) [Image](https://sms4smile.com/quotes/i/a79/thomas-pogge-7757_ability_the-cost-of-research-development-and-tes_1312486.jpg) > [It is irrational to charge high prices for socially valuable innovations as this guarantees that they will be underutilized. It is much…](https://sms4smile.com/quotes/thomas-pogge/it-is-irrational-to-charge-high-prices-for-socially-valuable/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) [Image](https://sms4smile.com/quotes/i/f98/thomas-pogge-7757_agriculture_it-is-irrational-to-charge-high-prices-f_1379997.jpg) > [A few hundred years ago, perhaps 85 or even 90 percent of humanity lived below a standard of living that today only…](https://sms4smile.com/quotes/thomas-pogge/a-few-hundred-years-ago-perhaps-85-or-even-90-percent-of-humanity/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) [Image](https://sms4smile.com/quotes/i/b2d/thomas-pogge-7757_affluent_a-few-hundred-years-ago-perhaps-85-or-ev_1446927.jpg) > [With the Health Impact Fund, the innovation is paid for separately, through publicly funded health impact rewards, and the product is sold…](https://sms4smile.com/quotes/thomas-pogge/with-the-health-impact-fund-the-innovation-is-paid-for-separately/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) [Image](https://sms4smile.com/quotes/i/b50/thomas-pogge-7757_buying_with-the-health-impact-fund-the-innovati_1688315.jpg) > [The collective shortfall of the 3.08 billion people (47 percent of world population) who, in 2005, lived below $2.50 per day was…](https://sms4smile.com/quotes/thomas-pogge/the-collective-shortfall-of-the-3-08-billion-people-47-percent-of/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) [Image](https://sms4smile.com/quotes/i/805/thomas-pogge-7757_billions_the-collective-shortfall-of-the-3-08-bil_1704014.jpg) > [You can think of the Health Impact Fund as a mechanism that would keep the benefits and burdens of pharmaceutical innovation for…](https://sms4smile.com/quotes/thomas-pogge/you-can-think-of-the-health-impact-fund-as-a-mechanism-that-would/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) [Image](https://sms4smile.com/quotes/i/b4a/thomas-pogge-7757_affluent_you-can-think-of-the-health-impact-fund_1746635.jpg) ## Other authors on Cost ## More by Thomas Pogge > [I think that many citizens understand how our system works, or rather, fails to work, for structural reasons. But who has the capacity and…](https://sms4smile.com/quotes/thomas-pogge/i-think-that-many-citizens-understand-how-our-system-works-or-rather/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) > [The massive corruption common in so many developing countries would be quite impossible if Western countries did not provide convenient opportunities to ship ill-gotten…](https://sms4smile.com/quotes/thomas-pogge/the-massive-corruption-common-in-so-many-developing-countries-would/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) > [What we should do is require or at least permit innovators to license their green innovations free of charge in exchange for public payments…](https://sms4smile.com/quotes/thomas-pogge/what-we-should-do-is-require-or-at-least-permit-innovators-to-license/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) > [You can get an ice-cold Coke for around fifty cents in most developing countries, not just in the major population centers, but at the…](https://sms4smile.com/quotes/thomas-pogge/you-can-get-an-ice-cold-coke-for-around-fifty-cents-in-most/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) > [I think one big improvement would be if we somehow made it cheaper and easier for developing countries to learn from the sad experience…](https://sms4smile.com/quotes/thomas-pogge/i-think-one-big-improvement-would-be-if-we-somehow-made-it-cheaper/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) > [Purchasing power parities are not a reasonable method for comparing households across countries or currencies. The reason for this is simply that PPPs are…](https://sms4smile.com/quotes/thomas-pogge/purchasing-power-parities-are-not-a-reasonable-method-for-comparing/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) > [The extremely low respect Congress enjoys among the population indicates that the citizens understand broadly what's going on. But the lack of a realistic…](https://sms4smile.com/quotes/thomas-pogge/the-extremely-low-respect-congress-enjoys-among-the-population/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) > [One citizen, or a few, may be powerless if all the rest are determined to benefit from the imposition of unjust supranational rules. But…](https://sms4smile.com/quotes/thomas-pogge/one-citizen-or-a-few-may-be-powerless-if-all-the-rest-are-determined/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) > [Severe poverty is getting better by some measures, but it's also becoming ever more scandalous because it is now so easily avoidable.](https://sms4smile.com/quotes/thomas-pogge/severe-poverty-is-getting-better-by-some-measures-but-it-s-also/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) > [To improve global health, it's not enough just to have a really good new product and to obtain marketing approval. You still need to…](https://sms4smile.com/quotes/thomas-pogge/to-improve-global-health-it-s-not-enough-just-to-have-a-really-good/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) > [We have the ability now to arrange global economic institutions so that poverty declines to a fraction of what it is now.](https://sms4smile.com/quotes/thomas-pogge/we-have-the-ability-now-to-arrange-global-economic-institutions-so/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) > [Dictatorial regimes often manage to keep themselves in power because they are recognized by foreigners as representing the state and its people, and therefore…](https://sms4smile.com/quotes/thomas-pogge/dictatorial-regimes-often-manage-to-keep-themselves-in-power-because/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) > [Drafts of domestic legislation must be published, debated and publicly voted on, which gives ample opportunities to civil society organizations and ordinary citizens to…](https://sms4smile.com/quotes/thomas-pogge/drafts-of-domestic-legislation-must-be-published-debated-and-publicly/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) > [In the United States there are only two exceptions: banks have to report deposits they suspect to be related to either terrorism or drug…](https://sms4smile.com/quotes/thomas-pogge/in-the-united-states-there-are-only-two-exceptions-banks-have-to/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) > [Large companies are very good at solving extremely complex problems in a globally optimal way.](https://sms4smile.com/quotes/thomas-pogge/large-companies-are-very-good-at-solving-extremely-complex-problems/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/cost/thomas-pogge/#itemlist", "name": "8 Cost Quotes By Thomas Pogge", "numberOfItems": 8, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "To improve global health, it's not enough just to have a really good new product and to obtain marketing approval. You still need to market the product and bring it to patients, follow up, create the infrastructure, and so on - the whole pipeline, the network. That's something that companies are extremely good at: organizing a whole pipeline in a cost-effective way.", "creator": { "@type": "Person", "name": "Thomas Pogge" }, "url": "https://sms4smile.com/quotes/thomas-pogge/to-improve-global-health-it-s-not-enough-just-to-have-a-really-good/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/bf5/thomas-pogge-7757_approval_to-improve-global-health-it-s-not-enough_395321.jpg", "contentUrl": "https://sms4smile.com/quotes/i/bf5/thomas-pogge-7757_approval_to-improve-global-health-it-s-not-enough_395321.jpg", "url": "https://sms4smile.com/quotes/i/bf5/thomas-pogge-7757_approval_to-improve-global-health-it-s-not-enough_395321.jpg", "width": 1080, "height": 1080, "caption": "“To improve global health, it's not enough just to have a really good new product and to obtain marketing…” — Thomas Pogge", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "What is really nice about the Health Impact Fund is that it is a win-win, something that without much cost to anyone makes a lot of people better off.", "creator": { "@type": "Person", "name": "Thomas Pogge" }, "url": "https://sms4smile.com/quotes/thomas-pogge/what-is-really-nice-about-the-health-impact-fund-is-that-it-is-a-win/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/6da/thomas-pogge-7757_better-off_what-is-really-nice-about-the-health-imp_738963.jpg", "contentUrl": "https://sms4smile.com/quotes/i/6da/thomas-pogge-7757_better-off_what-is-really-nice-about-the-health-imp_738963.jpg", "url": "https://sms4smile.com/quotes/i/6da/thomas-pogge-7757_better-off_what-is-really-nice-about-the-health-imp_738963.jpg", "width": 1080, "height": 1080, "caption": "“What is really nice about the Health Impact Fund is that it is a win-win, something that without much cost…” — Thomas Pogge", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 3, "item": { "@type": "Quotation", "text": "The cost of research, development and testing of a new drug is vastly greater than the cost of each dose produced. How should we pay for new medicines? Innovators should be rewarded according to the impact of their medicine, and people should contribute to these rewards according to their ability to pay.", "creator": { "@type": "Person", "name": "Thomas Pogge" }, "url": "https://sms4smile.com/quotes/thomas-pogge/the-cost-of-research-development-and-testing-of-a-new-drug-is-vastly/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/a79/thomas-pogge-7757_ability_the-cost-of-research-development-and-tes_1312486.jpg", "contentUrl": "https://sms4smile.com/quotes/i/a79/thomas-pogge-7757_ability_the-cost-of-research-development-and-tes_1312486.jpg", "url": "https://sms4smile.com/quotes/i/a79/thomas-pogge-7757_ability_the-cost-of-research-development-and-tes_1312486.jpg", "width": 1080, "height": 1080, "caption": "“The cost of research, development and testing of a new drug is vastly greater than the cost of each dose…” — Thomas Pogge", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 4, "item": { "@type": "Quotation", "text": "It is irrational to charge high prices for socially valuable innovations as this guarantees that they will be underutilized. It is much better to sell them at cost and then to reward the innovator in some other way. This is not always possible, because in some cases the value of an innovation is in the eye of the beholder; it's very difficult to value how much a new Madonna song is worth, for example. But in the case of medicines, green technologies and seeds in agriculture, such an alternative reward mechanism is fairly straightforward.", "creator": { "@type": "Person", "name": "Thomas Pogge" }, "url": "https://sms4smile.com/quotes/thomas-pogge/it-is-irrational-to-charge-high-prices-for-socially-valuable/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/f98/thomas-pogge-7757_agriculture_it-is-irrational-to-charge-high-prices-f_1379997.jpg", "contentUrl": "https://sms4smile.com/quotes/i/f98/thomas-pogge-7757_agriculture_it-is-irrational-to-charge-high-prices-f_1379997.jpg", "url": "https://sms4smile.com/quotes/i/f98/thomas-pogge-7757_agriculture_it-is-irrational-to-charge-high-prices-f_1379997.jpg", "width": 1080, "height": 1080, "caption": "“It is irrational to charge high prices for socially valuable innovations as this guarantees that they will…” — Thomas Pogge", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 5, "item": { "@type": "Quotation", "text": "A few hundred years ago, perhaps 85 or even 90 percent of humanity lived below a standard of living that today only 40 or 45 percent fail to reach. But at that earlier time only part of this poverty could have been eradicated, and this at substantial cost not only to the pleasures of the affluent, but also to their well-being and to human culture. In our time, nearly all severe poverty could be eradicated at a cost to the affluent that is truly trivial.", "creator": { "@type": "Person", "name": "Thomas Pogge" }, "url": "https://sms4smile.com/quotes/thomas-pogge/a-few-hundred-years-ago-perhaps-85-or-even-90-percent-of-humanity/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/b2d/thomas-pogge-7757_affluent_a-few-hundred-years-ago-perhaps-85-or-ev_1446927.jpg", "contentUrl": "https://sms4smile.com/quotes/i/b2d/thomas-pogge-7757_affluent_a-few-hundred-years-ago-perhaps-85-or-ev_1446927.jpg", "url": "https://sms4smile.com/quotes/i/b2d/thomas-pogge-7757_affluent_a-few-hundred-years-ago-perhaps-85-or-ev_1446927.jpg", "width": 1080, "height": 1080, "caption": "“A few hundred years ago, perhaps 85 or even 90 percent of humanity lived below a standard of living that…” — Thomas Pogge", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 6, "item": { "@type": "Quotation", "text": "With the Health Impact Fund, the innovation is paid for separately, through publicly funded health impact rewards, and the product is sold at the cost of production to all. Here, the cruel injustice of preventing the poor from buying at cost - evidenced by today's suppression of the trade in generic versions of patented medicines - would no longer be needed.", "creator": { "@type": "Person", "name": "Thomas Pogge" }, "url": "https://sms4smile.com/quotes/thomas-pogge/with-the-health-impact-fund-the-innovation-is-paid-for-separately/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/b50/thomas-pogge-7757_buying_with-the-health-impact-fund-the-innovati_1688315.jpg", "contentUrl": "https://sms4smile.com/quotes/i/b50/thomas-pogge-7757_buying_with-the-health-impact-fund-the-innovati_1688315.jpg", "url": "https://sms4smile.com/quotes/i/b50/thomas-pogge-7757_buying_with-the-health-impact-fund-the-innovati_1688315.jpg", "width": 1080, "height": 1080, "caption": "“With the Health Impact Fund, the innovation is paid for separately, through publicly funded health impact…” — Thomas Pogge", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 7, "item": { "@type": "Quotation", "text": "The collective shortfall of the 3.08 billion people (47 percent of world population) who, in 2005, lived below $2.50 per day was $507 billion per annum, which indeed comes to about two-thirds of the present US military budget. This gives us a rough sense of how much the eradication of poverty would cost.", "creator": { "@type": "Person", "name": "Thomas Pogge" }, "url": "https://sms4smile.com/quotes/thomas-pogge/the-collective-shortfall-of-the-3-08-billion-people-47-percent-of/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/805/thomas-pogge-7757_billions_the-collective-shortfall-of-the-3-08-bil_1704014.jpg", "contentUrl": "https://sms4smile.com/quotes/i/805/thomas-pogge-7757_billions_the-collective-shortfall-of-the-3-08-bil_1704014.jpg", "url": "https://sms4smile.com/quotes/i/805/thomas-pogge-7757_billions_the-collective-shortfall-of-the-3-08-bil_1704014.jpg", "width": 1080, "height": 1080, "caption": "“The collective shortfall of the 3.08 billion people (47 percent of world population) who, in 2005, lived…” — Thomas Pogge", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 8, "item": { "@type": "Quotation", "text": "You can think of the Health Impact Fund as a mechanism that would keep the benefits and burdens of pharmaceutical innovation for the affluent roughly as they are while massively reducing the burdens presently imposed upon the poor. This sounds like magic. But it really works because the current system is not Pareto efficient. It's a system that generates hundreds of billions of dollars in litigation costs and deadweight losses that HIF-registered medicines would sidestep. By avoiding these losses, the HIF reform can bring improvements all around - including for pharmaceutical innovators.", "creator": { "@type": "Person", "name": "Thomas Pogge" }, "url": "https://sms4smile.com/quotes/thomas-pogge/you-can-think-of-the-health-impact-fund-as-a-mechanism-that-would/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/b4a/thomas-pogge-7757_affluent_you-can-think-of-the-health-impact-fund_1746635.jpg", "contentUrl": "https://sms4smile.com/quotes/i/b4a/thomas-pogge-7757_affluent_you-can-think-of-the-health-impact-fund_1746635.jpg", "url": "https://sms4smile.com/quotes/i/b4a/thomas-pogge-7757_affluent_you-can-think-of-the-health-impact-fund_1746635.jpg", "width": 1080, "height": 1080, "caption": "“You can think of the Health Impact Fund as a mechanism that would keep the benefits and burdens of…” — Thomas Pogge", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/cost/thomas-pogge/#webpage", "url": "https://sms4smile.com/quotes/about/cost/thomas-pogge/", "name": "Cost Quotes by Thomas Pogge", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/cost/thomas-pogge/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/bf5/thomas-pogge-7757_approval_to-improve-global-health-it-s-not-enough_395321.jpg" }, "description": "8 Cost quotes by Thomas Pogge. 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