Scientists, Bureaucrats Argue Over Funding, Ignore Basic Economics

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The AP reports on the various points of view on AIDS funding. They range from “we need to continue to fund AIDS,” to “we need to focus some more funding other diseases,” to “we need to throw more money at AIDS and other diseases.” Predictably, the bureaucrat from UNAIDS is responsible for that last viewpoint.
I love this quote:

“There needs to be a rational system for how to apportion scarce funds,” said Helen Epstein, an AIDS expert

Yes, let’s reinvent the wheel and ignore that there already exists a system for the apportionment of scarce funds based in property rights and non-aggression.

1:51 pm on November 30, 2008