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Good idea, but it takes a lot of cash.
by emiliobumachar 9y ago
Good idea, but it takes a lot of cash.
- andybak 9y agoSo do many things not provided adequately by the market.
- wiz21c 9y agoOnce it is in the public hands, it allows for democratic prioritization of the cash (do we need more solar energy or more cures ?).
- Kalounji 9y agoI like to think we need both
- qwbsdfg 9y agoAlthough it might take less cash if only the people actually doing the research needed to get paid. If the patent lawyers, the investment bank analysts writing these reports, and the likes of Martin Shkreli also need to eat everyday that could potentially be inflating the cost.
- hollander 9y agoAnd that's why God invented taxes. But then the US invented their own gods, who don't have to pay tax.
- alimw 9y agoIn many countries including mine, it is the state that pays into drugs companies anyway.
- PeterStuer 9y agoDepends what you mean. 'Cash' as in a 'fiduciary currency' is just a relative prioritization mechanism. 'We the People' should never be able to run out of 'cash' as we ca always just print more. In fact, 'we' have been doing this perpetually at high volume for some time. It is just that 'we' seem to prefer giving it away to select shareholders rather than to fund public beneficial goods or research.