Regulation Causes Shortages of Cancer Drugs

by Larry Emmott on August 14, 2011

in Health Care Politics

The linked article from the Atlantic is brilliant and insightful. :-) Of course I say that because I happen to agree with the major finding which is that top down central control of health care is likely to make things worse not better, for all the reasons discussed in the article.

For months, I’ve been hearing about shortages of drugs–ADHD drugs, cancer drugs, various other generics. The shortages have been variously attributed–crappy Chinese links in the supply chain are a perennial favorite–but Ezekial Emmanuel had an op-ed in the New York Times this weekend which offered those most compelling explanation I’ve yet seen for the phenomenon.

via Medicare Regulation Causes Shortages of Cancer Drugs – Megan McArdle – Business – The Atlantic.

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