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To: Publius804
There have now been a couple of interesting papers suggesting a Pigouvian tax – which he defines as one levied on an agent causing an environmental problem as an incentive to mitigate that problem – for antibiotics.

Like oil, he points out, antibiotic usefulness is finite. And the cost of drug resistance is not reflected in the price of the drug. "If you consider antibiotic sensitivity as a resource like oil, you want to maintain that by introducing a tax," he says. It would be worldwide and the proceeds could fund new drug development.

But should you tax life-saving drugs, especially in poor countries? "If you don't do anything, there won't be any antibiotics anyway," says James starkly. "At least it is a suggestion of something that could be done."

27 posted on 08/23/2010 12:39:53 PM PDT by frithguild (Joe Wilson was wrong when he shouted "You lie!" Obama doesn't just lie - he lies all the time.)
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To: frithguild

Ah, a new tax. Gee, why is that ALWAYS certain people’s solution? /rhetorical


75 posted on 08/23/2010 1:41:59 PM PDT by piytar (Those who never learned that peace and freedom are rare will be taught by reality.)
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