5 ms·

The obvious one is that price controls feel good but will cause shortages if they are below the price at which a company can profitably bring a product to marke

• littlestymaar 3y ago
  Because somehow medicine shortage don't exist yet because fortunately there's no price cap… Also, there's no practical difference between an actual shortage and a price rising so high that many people can't afford it, like it's already the case with insulin[1]. [1]: https://www.hrw.org/report/2022/04/12/if-im-out-insulin-im-going-die/united-states-lack-regulation-fuels-crisis https://www.hrw.org/report/2022/04/12/if-im-out-insulin-im-g...