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To: Road Walker who wrote (183404)	2/3/2006 2:04:20 PM
From: TimF	Read Replies (1) \| Respond to of 186894

OT Governments. Markets organize themselves in the most efficient form. With drugs, the most efficient (lowest cost) is for countries to be customers Governments becoming the only customer is not a market operation whether or not it is more efficient. Also lowest cost for the customer is not the same as most efficient. More efficiency usually results in lower prices, but low prices don't have to be the result of greater efficiency. They could represent such things as declining demand or market manipulation. Price controls can result in lower prices, but they aren't examples of economic efficiency. Example? They have drug patents like the US, they often have subsidies for consumers, as well as for drug companies. They have price controls. Some countries have "single payer" systems. All examples of either manipulating the market in drugs, or just taking it over and setting up a socialist system. Tim