Forbes April 27, 2024
In medicine and healthcare, financial conflicts of interest are typically seen as eroding the credibility of one’s message.
The logic is as follows:
If someone has a financial interest in the answer to a question then, of course, their answer will be biased by their financial interest.
This simplistic thinking has guided a generation of doctors and scientists and policy-makers.
But can conflicts of interest also represent depth of perspective?
Individuals with conflicts (also known as experience and interest) also have knowledge.
Knowledge that can be helpful in answering important questions.
Could someone who has developed medicines have something useful to say about how we should regulate pharmaceutical manufacturers?
Could someone who works for an insurance company have something insightful...