Black Markets in COVID-19 Vaccines Were Inevitable Once Government Got Involved

“In the U.S., a botched and politicized COVID-19 vaccine distribution process seems to be fueling a black market in vaccines.

Anyone with knowledge of their fellow humans could have seen this coming. Limited supplies and controlled distribution of a product in high demand incentivize people to jump the line, or to make money by offering to help others do so.

“There absolutely will be a black market,” New York University bioethicist Arthur Caplan commented at the beginning of December. “Anything that’s seen as lifesaving, life-preserving, and that’s in short supply creates black markets.””

“In the end, federal promises of 20 million vaccinations administered by the end of the year were off by a lot, with the actual number just over 2 million.” 

“Cochrane believes governments should have got out of the way of companies that could have sold people what they need to deal with the pandemic, including vaccines. “The government could buy too,” he offers, but “allowing the vaccine to go to the highest bidders—and allowing people to get it at CVS or administer it themselves—would have rolled vaccines out much faster.””

https://reason.com/2021/01/20/black-markets-in-covid-19-vaccines-were-inevitable-once-government-got-involved/

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