>A report in today's Wall Street Journal blames private medicine for the US's
>unpreparedness to protect its population from the threat of avian flu and
>other public health hazards. Or, more accurately, it blames the lack of
>"incentives" - government subsidies and guarantees - for the reluctance of
>drug firms to invest in less profitable vaccines.
Well, duh, it's called a 'public good' and doesn't respond to market incentives or mechanisms. Health econ 100. WSJ arseholes trying to pass this off as a new insight.
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