Tuesday, December 23, 2003

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 John Venlet on 12/23 at 05:30 AM
(0) Comments • (0) Trackbacks • Permalink
Page 1 of 1 pages