@ekennedy80 @krenaud @rbreich if people have a hard time affording the necessities of life, give them MONEY. don't make things artificially cheap, as that creates deadweight loss. this is all well established econ.
https://medium.com/effective-economics/the-problem-with-price-controls-14b4ee116bf7
if there's a *market failure*, e.g. a monopoly, then by all means fix that by breaking it up. but don't *create* a market failure by distorting the equilibrium price of goods or services.
@ekennedy80 @rbreich @cshentrup big pharma makes lots of profits in other countries with much lower prices. Why should oligopolies be unregulated when they obviously abuse their position?
A 10ml vial of insulin (lispro/Humalog) is $16 here in Sweden, 5 KwikPens cost $22 to customer. (These prices are before state subsidies)
The US prices are $82/vial and $159 for 5 KwikPens.