"Drug and medical equipment companies do spend considerable money in developing their products. The government would have to replace this with public spending. But we already spend roughly $50 billion a year on biomedical research through the National Institutes of Health."
Edsel
The abundance crew refuses to talk about patent and copyright monopolies, government policies that genuinely block abundance and keep people from getting healthcare cepr.net/publications...
Weakening patent and copyright monopolies could lower drug costs, reduce inequality, and create real abundance more effectively than deregulation.
