Research <> expensive human trials to obtain FDA approval. Voters and legislators are the only ones stopping government employees from doing the necessary human trials.
How would this study’s methodology account for the public benefit from a new vaccine?
Edit: according to ChatGPT, it doesn’t:
> the analysis considers resources such as research funding, scientists' labor, data collection, analysis, and manuscript preparation. It does not assign an economic value to lives saved, illness prevented, or economic activity preserved by a vaccine
To my understanding the article clearly does not question the academic research itself but the way the results are published and who benefits from (the money returned by) such publications. Or am I misreading it?
Governments (the investing public) should be paid royalties.
Shareholders = Public
Research <> expensive human trials to obtain FDA approval. Voters and legislators are the only ones stopping government employees from doing the necessary human trials.
How would this study’s methodology account for the public benefit from a new vaccine?
Edit: according to ChatGPT, it doesn’t:
> the analysis considers resources such as research funding, scientists' labor, data collection, analysis, and manuscript preparation. It does not assign an economic value to lives saved, illness prevented, or economic activity preserved by a vaccine
To my understanding the article clearly does not question the academic research itself but the way the results are published and who benefits from (the money returned by) such publications. Or am I misreading it?
The headline, at least, is making an comparison between shareholder benefits and public costs.
Why that particular combination? You could just as easily compare private spending and public benefits, and it would make about as much sense.
Maybe better to include both public and private costs and benefits?
not just shareholders, rival nations too