https://www.nytimes.com/2019/10/14/health/cancer-drug-shortage.html … We're running out of vincristine? WTF.
-
Show this thread
-
In a normal industry, when a product is in very high demand but has low profit margins, you don't get shortages the way this article describes. We don't run out of milk or baking soda. Yet the pharma industry frequently runs out of low-margin basics. This isn't how markets work.
3 replies 6 retweets 31 likesShow this thread -
Replying to @s_r_constantin
One counterexample is surface mount capacitors: IIRC, there were three big companies making them, one decided to leave the market because the margins were too low, the other two are having trouble keeping with with demand.
2 replies 0 retweets 0 likes
Of course now prices are increasing, and other companies are therefore increasing production of capacitors. https://hackaday.com/2018/01/31/global-resistor-shortage-economics-and-consumer-behavior/ … https://www.sourcetoday.com/supply-chain/capacitor-shortages-continue-least-another-year-executives-say … https://www.worthingtonassembly.com/blog/2018/5/24/explaining-the-current-capacitor-shortage … https://hackaday.com/2018/09/18/ask-hackaday-hows-that-capacitor-shortage-going/ … (I'm not disagreeing with any of what you are saying.)
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.