@paulg I disagree. It's the lack of a market and overuse of regulation that creates the incentives for such an outcome. See Singapore.
In healthcare, the "invisible hand" punches us. http://goo.gl/U2GXST
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@bgurley@pointsnfigures@paulg Perfect example of how regulation destroys investment. - Show replies
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@paulg Good analogy: payer, provider and patient have divergent interests and unequal control. Result: a costly punch for the patient.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg How about a crowdfunding service for lowering trial costs? And why should only producers invest in trials, what about insurers etc?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@pointsnfigures@Rob_Abiera@bgurley@paulg Safe health tech > competition. Not optional. - Show replies
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@pointsnfigures@Rob_Abiera@bgurley@paulg What about it? -
@b11c@pointsnfigures@bgurley@paulg The issue here is not: who is better at guaranteeing safety? Government record is hugely flawed.
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@pointsnfigures@Rob_Abiera@bgurley@paulg If there is a way to reduce regulation without compromising anyone's safety, I'm all for it.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg incentives point the industry in the wrong direction, but I wouldn't compare them to Adam Smith's invisible hand.Thanks. Twitter will use this to make your timeline better. UndoUndo
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