Flu vaccine and the free market

Posted by xthinker88 10 years, 4 months ago to Economics
0 comments | Share | Flag

Ok. So this to me is the epitome of the top down central planning style of economics.

I'm wondering aloud what a free market approach would look like. So somebody realizes by mid October what viruses should be included in the vaccine but can only supply 1/5 of the doses based on the short notice. Would people be willing to pay 5x for a better vaccine? Thoughts on how this could work?
SOURCE URL: http://www.cnn.com/2014/12/04/health/flu-vaccine-mutated-virus/index.html?hpt=hp_t2


Add Comment

FORMATTING HELP


FORMATTING HELP

  • Comment hidden. Undo