{"id":5135,"date":"2021-05-07T11:45:42","date_gmt":"2021-05-07T11:45:42","guid":{"rendered":"http:\/\/lonecandle.com\/?p=5135"},"modified":"2021-05-07T11:45:42","modified_gmt":"2021-05-07T11:45:42","slug":"industrial-policy-failed-with-vaccines-too","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=5135","title":{"rendered":"Industrial Policy Failed With Vaccines Too"},"content":{"rendered":"\n

\n\n“The vaccines that millions of Americans receive every day are the result of a global system of research, development, manufacturing, and trade. Forcing those networks to be concentrated within the United States wouldn’t make those supply chains more robust, but would leave Americans vulnerable to the accountability problems that seem endemic to federal government contracting.”
…
” It’s true, of course, that the federal government paid billions of dollars to Pfizer<\/a> and other vaccine manufacturers in the form of advance-purchase agreements last year. But that’s a different situation\u2014one that effectively promised prize money<\/a> but still put the onus on private companies to deliver vaccines that worked. While certainly not an ideal arrangement from a libertarian point of view, it’s far better than an industrial policy<\/a> that directs public funds to companies that hire the best lobbyists.”  <\/p>\n\n\n\n

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Industrial Policy Failed With Vaccines Too<\/a><\/blockquote>