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Originally posted by Hank Chinaski
Why not regulate what the royalty is on lasik?
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Because glasses and contact lenses are adequate substitutes.
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Why not regulate what Lemuelson makes on bar code readers?
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Why not always ask new questions instead of answering any of them?
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how much should the gov't let GM charge for its new airbag systems?
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You would have to have been in a coma for the last 30 years to think that GM has a monopoly.
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What you're arguing then isn't really providing gov't ensured health care, you're arguing to pull the plug on patents for pharm. or at a minimum control how the patents are used. That will certainly kill incentive in a business that is already dealing with very tight margins.
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I'm talking about regulating the industry to try to ensure that more people can afford more drugs.
Neither you nor sgtclub wants to explain this magical link between pharma profits and R&D, but my question for you is this: If R&D is such a wonderful thing, why not spend government money to encourage it?