Tyler Cowen, Columnist

Vaccines Should Not Be Immune to Market Forces

Letting the wealthy pay for vaccines may help them reach a wider audience eventually.

There’s definitely a market for it.

Photographer: Bloomberg

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The renowned economist Erik Brynjolfsson recently asked: “At least so far, I haven’t seen any one suggesting to use the market system to allocate vaccines. Not even those who strongly advocate it in other areas. Why is that?”

As one of several people copied at the bottom of the tweet, I feel compelled to take up the challenge.