[ExI] Why is “cost of living” such a big problem?

[spike at rainier66.com]

…> On Behalf Of Brent Allsop via extropy-chat
Subject: Re: [ExI] Why is “cost of living” such a big problem?

 

 

>…I agree with spike.  There must be a free market for medical R&D and people should be able to get obsenely rich by being successfull in this. … Brent

 

Ja Brent but most of the stockholders in the companies gambling on new medications are not rich and will not become crazy rich even if the medication is wildly successful.  The stockholders may be pension funds, professional investors, employees, amateur (dartboard) investors and so on, maybe a few crazy rich investors.  But it is a gamble.  Of course the system is set up to reward the successful risk takers.  There really must be a lot of profit going to the winners.

 

spike

 

 

 

 

 

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