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100% or 0% gun ownership is better than 50% gun ownership. Fully deregulated or fully public health care/insurance is better than partially regulated. Full monog and full poly people report higher satisfaction than partially poly people. Is there a term for this phenomenon?
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I don't understand this idea because most of the profit generated from pharma is not spent on this approval process. Some of the approval process is broken, but much of it seems necessary. We already see many drugs of limited effect even with the approval process.
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For instance, lasik eye surgery (I have heard) is mainly unregulated, and for this reason it is the only area of medicine where costs have dropped in line with underlying tech advances. It can be argued that we have managed to get the worst of both the public and private worlds
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I think you need some regulations for safety though.. Juse like the FDA plays a role in ensure food is safe. The whole situation with health insurance is weird. If consumers had to pay out of pocket for 'maintenance' health products i think we would see more competitive pricing
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