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A lot of fields are stifled by regulation. A practical example there is no doubt that it stifles innovation in medicine. The cost of the development has grown e
by toshk 5y ago
A lot of fields are stifled by regulation. A practical example there is no doubt that it stifles innovation in medicine. The cost of the development has grown exponentially and a lot of it is attributable to the increase in regulation.
- swiley 5y agoIt looks like in most fields (medicine especially) all the money just goes to administration and rent. This seems to have taken off since the 70s.