Re:Why conventional wisdom on health care is wrong (a primer...
by nradov on Saturday October 19, 2024 @12:47AM
(#41885710)
Well then we have a game theory problem. Every country wants to freeload on drug development spending to minimize their own expenses. It's unrealistic to expect that countries like India or France will voluntarily accept higher drug prices just to incentivize new drug development. If the USA decides to stop subsidizing the rest of the world then the most likely outcome will be a permanent reduction in the rate of new drug development. Would that be an improvement?
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