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Megan McArdle on Catastrophes and the Pandemic

EconTalk

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Navigating Crisis: Pharmaceuticals and Pandemic Preparedness

This chapter explores the impact of government subsidies on the pharmaceutical industry and the importance of adaptability in health crises, particularly highlighted during the pandemic. It critiques past responses to health emergencies, emphasizing the need for proactive strategies in vaccine production and distribution, while addressing the inadequacies of mask stockpiling. The discussion also touches on the role of innovative thinking and policy decisions in improving future pandemic responses.

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