Re:California governor vetoes bill that would have set a $35...
by justrealist on Sunday October 08, 2023 @09:34PM
(#37816032)
The obvious one is that price controls feel good but will cause shortages if they are below the price at which a company can profitably bring a product to market.
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Re:California governor vetoes bill that would have set a $35...
by littlestymaar on Sunday October 08, 2023 @10:09PM
(#37816230)
Because somehow medicine shortage don't exist yet because fortunately there's no price cap…
Also, there's no practical difference between an actual shortage and a price rising so high that many people can't afford it, like it's already the case with insulin[1].
[1]: https://www.hrw.org/report/2022/04/12/if-im-out-insulin-im-g...