4min chapter

80,000 Hours Podcast cover image

#57 – Tom Kalil on how to do the most good in government

80,000 Hours Podcast

CHAPTER

Is There a Financial Commitment That Is Contingent on Failure?

There is a market failure associated with vaccines, for diseases of the poor left to their own devices. Drug companies won't work on vaccines for poor people because poor people have no money. The gates foundation and five countries say, if you develop a vaccine which is safe and effective, then we'll buy it. Lemmy: We are barely scratching the surface on our ability to make financial commitments that are contingent on success.

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