Taking it in the Arm

Tyler Cowen has a post up at Marginal Revolution entitled “Liability and flu vaccine" which looks at liability law and the possible effect on availability of flu vaccines by linking to a story in the Financial Times on just this subject.  Cowen quotes a portion of the article in his post which, in a single sentence, I think provides the real cause for so called flu vaccine shortages.

"But gradually profit margins thinned on vaccines, as the government became a big buyer of them."

Would you manufacture vaccines if there was no money in it or would you do it for the “public good.”

Posted by on 12/23 at 05:30 AM

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