Measles vaccination is a fascinating case in general free market economics it's just sad that the supply is "lifesaving medical intervention" and the demand is "children's lives #VaccinesWork
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The higher the rates of vaccination, the lower the marginal benefit to the individual so the less likely people are to vaccinate their children 1/
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While it's not ideal, from an individual's perspective IT MAKES PERFECT SENSE Vaccinations have a risk. It might be tiny, but if 95%+ of kids are vaccinated, the cost/benefit starts to swing for individual parents 2/
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But then, vaccination rates dip. At ~92%, you start to see outbreaks of cases of measles Still, many people think of the risks of the vaccine and the small chance their kid has of getting sick, and choose not to vaccinate 3/
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But then, all of a sudden, the vaccination rate drops below 85%. Suddenly, rather than minor outbreaks, large swathes of children are getting sick It becomes personal. Children die 4/
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All of a sudden, the risk calculation swings the other way. People who previously thought that vaccination was a waste of time see the benefit that outweighs the risk 5/
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As we near 95% vaccinated against measles, the cycle starts again
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This is why it's so important that governments encourage - and even regulate - vaccination. Because in theory the rate will remain high, but the cost of this fluctuation is unnecessary deaths due to measles
Which is unacceptable #VaccinesWork 8/8
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