Drug Prices Too High? Sometimes, They’re Not Costly Enough

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.

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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).

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Re:Drug Prices Too High? Sometimes, They’re Not Costly Enough by Symbiote on Wednesday June 01, 2016 @03:42AM (#11812698)

Europe had just finished a period of food shortage caused by World War II, which lasted years after the war in some countries. Governments were keen to prevent future shortages.

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