3 ms·

Please expand on that - I personally think for-profit health care is one of the most ill-conceived ways of doing business I have ever heard of. Saving people's

• sp332 12y ago
  You can reduce it, and you can try to amplify other motivations. But if you're developing a new drug, why wouldn't you market it to people who can pay you more for it? You can't save every life - no one is immortal. And in the decision of what care to give to which people, money will always be one factor. This is probably amplified in non-life-threatening situations since personal trainers and nutritional consultants will probably not be covered by collective health plans.
• tdaltonc 12y ago
  healthcare innovation requires enormous investment. How should society pick healthcare problems to focus on, and how will we know a solution when we see it? The distributed price signal is an elegant mechanism for solving this problem and has worked to guide innovation in many other areas of human endeavour.
  • sp332 12y ago
    We can do better, though. For example, if poor people are hit harder by something, there might be less "price signal" than if a few rich people are sick.