November 22, 2008

Trickle-Down Biotech?

Glenn Reynolds:
But what’s really nice about today’s world is that lots of things that were luxuries a few years ago are cheap — flat-screen HDTVs for under $500, for example. It’s possible to live quite well, even luxuriously in many respects, by the standards of previous decades on not all that much money, if you don’t insist on having the biggest, latest and trendiest.
This should be a model for the research and deployment of medical treatments.

Should be but won't. The political demagogic class will never tolerate having a life-saving treatment restricted to "the rich" even though the restriction is temporary--and the alternative, if any, is a slowed development cycle.

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