azmeh4_JACK GUEZAFP via Getty Images_coronavirusdoctorhospitalventilatorrespirator Jack Guez/AFP via Getty Images

The Perverse Economics of Ventilators

By relying excessively on market forces, we have all but ensured that technologies such as ventilators become more complex and expensive over time, putting access to them out of reach for most of the world's people. It didn't have to be this way.

MANCHESTER – As the coronavirus has spread around the world, the need for ventilators has soared. In the United Kingdom, the National Health Service estimates that it will need at least 30,000 more of these critical devices. In New York, Governor Andrew Cuomo also has called for 30,000 more, warning that New York City will soon run out.

https://prosyn.org/3YJwS9g