Dean Kamen Quotes About Health Care Debate - Popular Mechanics

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Dean Kamen Quotes About Health Care Debate - Popular Mechanics

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26-08-2009, 06:40

GaryVoshol GaryVoshol is offline

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Re: Dean Kamen Quotes About Health Care Debate - Popular Mechanics

Quote:

Originally Posted by Mr. Pockets

Greed alone wouldn't explain why competition between producers wouldn't at least lead to at least halfway reasonable prices.

Quote:

Originally Posted by Travis Hoffman

Collusion.

No collusion needed. The monopoly power of a patent quashes competition. Not that that's a bad thing, if it means that entrepreneureal folks keep inventing good things because they have the promise of a payback. I think that's Dean's main point. Without a reward, there is little incentive to work hard at creating something.

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