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We have several centuries of evidence that private industry is better at bringing innovative products to market than centralized governments.
by harryh 7y ago
We have several centuries of evidence that private industry is better at bringing innovative products to market than centralized governments.
- pazimzadeh 7y agoVaccines aren't that innovative, they just take a lot of trial and error.
- xenospn 7y agoA vaccine or a life-saving medical treatment is not a product in the traditional sense of the word. You can't comparison shop when you have 2 weeks to live.
- dragonwriter 7y agoIt is definitely a product. It's not a commodity, but lots of real products aren't, despite how the logic of the perfection of markets only works with commodities (in fact, the goal of everyone starting a business is to make their products non-commodities.)