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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
by 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 agoWe 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.