Johnny Munkhammar skrev på denna blogg från 2004 till sin död 2012. Bloggen är upprätthållen som ett minne och som referens till Johnnys arbete av Johnny Munkhammars minnesfond.

This blog was operated by Johnny Munkhammar from 2004 until 2012 when he passed away. This blog is now in a memorialized state and operated by the Johnny Munkhammar fund.
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Sunday 14/07/2024, 03:35:38

28/02/2006 12:39:26 pm
Free Enterprise Could Cure Bird Flu. The bird flu virus has apparently also reached Sweden now. There are fears of a pandemic following a possible mutation of the virus and possibly a great need for vaccine.

We now see politicians and bureaucrats competing in having the state to solve this issue. There should be regulations, subsidies or state-owned vaccine production, they claim. As usual, the statists think that free enterprise - in the pharmaceutical sector - are not fit to solve the issue.

If anything, economic history teaches us that the state is unfit to plan and produce goods or services to a good price and quality and in the correct amount. The centrally planned economies provide quite a lot of evidence to that point. And we can see the great pharmaceuticals that have emerged in capitalist countries, with patent rights and private companies.

In a possible crisis, with a great demand, it is ever more essential to know that the system of free enterprise and competition is the best provider. This industry is far too regulated and state-dominated as it is, mainly concerning funding. What we need is more freedom for these companies, especially concerning prices, and less state.

That would create a situation where we would be ready, quick and flexible in a response to a possible pandemic.

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