We have literal bacteria that we can grow in vats to make insulin. If it’s expensive it is not a market-side failure,
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which is to say, the problem is if noble greed fails to overcome evil class solidarity
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or if you'll go with the first guy because you presume what he's offering is better because it costs more, of course
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In reality you just price fix at infinity, especially in a market with as stringent supply and IP restrictions as medicine.
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right, those stringent supply and IP restrictions having been created to prevent market entrants from selling at cartel-breaking $(n-1) price points and sold as protections
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