Brazil gets 40% cut on AIDS drugs

Seth Ackerman sackerman at FAIR.org
Tue Sep 4 14:03:49 PDT 2001


Brad DeLong wrote:


> The NIH is very, very good at doing basic research. But there is no reason
> to think that a publicly-funded bureaucracy is particularly good at the
> process of drug development.
. Why basic research but not drug development? Is it because all the profits are in development?

Like Chomsky says, the free-market is all about public subsidy for private profit...

Seth



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