Re:Drug Prices Too High? Sometimes, They’re Not Costly Enough
by Buge on Wednesday June 01, 2016 @01:41AM
(#11812262)
Interestingly this is somewhat similar to what the US is doing for some food items. For example farmers are being paid to milk cows then dump in on the ground. This makes sure we have higher milk production capacity than necessary. Then if a disaster strikes or war that could reduce production, we have some extra production capabilities to help.
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Re:Drug Prices Too High? Sometimes, They’re Not Costly Enough
by Symbiote on Wednesday June 01, 2016 @02:18AM
(#11812385)
This is one of the main reasons for the European Union's Common Agricultural Policy, which has existed since the 1960s and covers a lot of food types.
The excess food is stored, and if it's not needed is sold (or sometimes given) to other countries. This is criticised as farmers in those countries might be left unable to compete.
Re:Drug Prices Too High? Sometimes, They’re Not Costly Enough
by hackuser on Wednesday June 01, 2016 @03:02AM
(#11812542)
> one of the main reasons for the European Union's Common Agricultural Policy
Hmmm ... based on what I've read, that might be the main rationalization. The reason is that the agricultural industry demands subsidies and has the political power to obtain them (as in many countries).