Because I’ve certainly learned my lesson and I’m not at all bitter about it or saying I Told You So over and over again in great detail:
What was that lesson?
AstraZeneca has vowed not to make a profit on their vaccine ‘until the pandemic is over.’ They have also declared the right to declare the pandemic ‘over’ in July 2021. So due to the fear that someone, somewhere, might be earning a profit, a major corporation makes money if they sell doses after July 2021, but not if they sell them before July 2021. I wonder what they will do. (Original Hat Tip)
Maybe what they mean is that until then it goes toward paying for the development or other fixed costs, so it still could work out. At least i hope it’s that way.
What was that lesson?
Maybe what they mean is that until then it goes toward paying for the development or other fixed costs, so it still could work out. At least i hope it’s that way.
That’s there’s no widespread support for allocating scarce resources by price.