11–20 of 97 posts
Is this not capitalism at work? Company provides what society needs. Right now only 2 companies provide this particular type of vaccine. More competition will come in, driving down costs.
1. https://mattstoller.substack.com/p/bidens-failure-on-covid-v...
Medicine is the only industry that can sell flawed products, offer no guarantees, and charge arbitrary prices for services without any consequence. Anyone else see parallels to organized religions of old? They even operate in the same space... curing the sick, promising long life, dictating the right way to live, holding the key to life and death. They have ordained priests that hold exclusive rights to practice the…
What I don’t understand is how we can shut down the economy with a huge impact on small businesses, but not force the drug manufactures to share the capability with the rest of the world. We complain about the unvaccinated in the US and the possibility of mutations, but then don’t do everything we can to help vaccinate the world and prevent mutations. And Russia and China are sharing the less effective vaccines they…
Medicine is the only industry that can sell flawed products, offer no guarantees, and charge arbitrary prices for services without any consequence. Anyone else see parallels to organized religions of old? They even operate in the same space... curing the sick, promising long life, dictating the right way to live, holding the key to life and death. They have ordained priests that hold exclusive rights to practice the…
Sounds kind of like software.
Earlier quoted context omitted.
The world massively over reacted to covid a disease that mainly affects the old and infirm. $60,000,000,000 / 10,000 saved works out to $6,000,000 per life saved. If the median age of death of a covid victim is 80 then this expenditure amounts to a massive misallocation of resources just on the vaccine alone never mind the hundreds of billions (actually trillions, as you say!) more spent on economically disruptive an…
As we're seeing with the delta variant, the longer we allow the disease to vigorously spread, the potentially more dangerous it becomes. So we (mostly) kept hospitals from having to add beds inside parking garages, and morgues from having to rent ice trucks, and perhaps we also have slowed the rate of new variants. With the lockdowns, social distancing, masking, etc, flu deaths practically dropped to zero while COVID…
Is it just me or are Reuters headlines more clickbaity from a decade ago