Headline coming soon: California faces worst test shortage in the nation.
Unless testing is a monopoly, prices are up because demand exceeds supply. Higher prices incentivize suppliers. If there aren't enough tests for all, suppliers will ship them to the most profitable geos.
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I think this is the worst idea I’ve read today. Basically you:
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I’m always fascinated that so many people assume the invisible hand will fail when supply and demand are most mismatched. Perhaps that’s when it’s most needed.
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I tend to think entrepreneurially-minded hustlers will buy up large quantities and find a more efficient way to distribute them to those who most need them. Though to be fair, I’m not at all sure I’m right.
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