brianmanahan
Lifer
i was reading an entertaining discussion on le reddit about cancer drugs which cost 100$k. of course almost everyone was raging about how these drugs should be free to anyone who needs or wants them. but some people were saying that they are very expensive to make and that if they were forced to sell below cost, companies wouldnt make them anymore.
dear atot, what do you think?
i myself am on the fence. on the one hand i can definitely see the supply/demand curve getting messed up on something with as high of demand as medicine, so some price regulation may be in order. on the other hand, if this were the case, would drug companies stop taking big risks to come up with potentially valuable drugs because they are no longer lucrative?
dear atot, what do you think?
i myself am on the fence. on the one hand i can definitely see the supply/demand curve getting messed up on something with as high of demand as medicine, so some price regulation may be in order. on the other hand, if this were the case, would drug companies stop taking big risks to come up with potentially valuable drugs because they are no longer lucrative?