3 ms·
Correct. Which is why we shouldn't be asking, "How much is this pill worth and is a human life for x time units worth that much?" and instead ask, "How much wil
by Locke1689 17y ago
Correct. Which is why we shouldn't be asking, "How much is this pill worth and is a human life for x time units worth that much?" and instead ask, "How much will it cost to try and develop x medical treatment and is the societal benefit worth that cost?" Given that a number of the most well known drugs today were developed by universities funded by government grants, this may be more topical than first believed.
Honestly, I think that capitalism works for a lot of things -- health care not being one of them. I think the idea of a "profit margin" on health care is prima facie ridiculous.