Can you believe that the cash Euro is used in crime, human trafficking, and exploitatiom everywhere, and the US hasn't invaded Europe to stop them from supporting human rights violations all over the earth?
So why doesn't the EU hand over its secrets to the US? Seems like the EU is a dangerous supporter of terrorism and human trafficking that should be dissolved
Realistically, the reason the EU is a customs union and not a trade union is because they need to implement protectionist policies to prevent their imdustry from being outcompeted by countries which don't suffer from these regulations.
Greed explains nothing. People will be greedy when they are incentivized to be greedy, and thrifty when they are incentivized to be thrifty. There are plenty of incentives, I might add, for regulators to be greedy though.
Nothing has fixed and closed quality parameters. At least not if your concern is quality as understood by the people who want or need insulin as opposed to whatever arbitrary standard a bureaucrat could make up.
You do know these people are scientific experts and have teams of scientific experts working for them, right. It’s not some blazing skulls stuffed shirt lol
No amount of scientific expertise will turn a subjective thing (which is what product quality is) into an objective thing. Credible, ethical, and well-trained scientists should be able to recognize that and desist from dressing up their preferences into scientific dress and passing it off as the results of objective science.
The quality of a product is subjective to the user of that product. This is a scientific fact of economics, and insistence otherwise is science denial.
Power discrepancy is not a category of pricing. The price is high because the supply is constrained relative to demand. And in this case, regulations cause a restriction of supply.
reply