There’s probably no industry more reviled in the age of populism than Big Pharma. Both political parties now engage in knee-jerk demonization of one of the most successful and valuable sectors of the economy. It’s not just lazy and irrational — it’s probably going to get people killed.

No industry has done as much to improve our lives as Big Pharma, save perhaps Big Ag, which efficiently feeds billions of humans, many of whom, until very recently, were constantly on the brink of starvation.