How economists can help to solve the antibiotic resistance crisis

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Developing new drugs needs to be profitable, otherwise pharmaceutical companies have little incentive to innovate

Using antibiotics and fossil fuels, the ultimate source of most carbon emissions, imposes future costs, for example, from life-threatening infections and extreme weather, respectively. People can feel little incentive to reduce their use of antibiotics or fossil fuels because the negative consequences of using these resources may occur far into the future. Also, these future consequences may be unavoidable unless many other people also reduce their use.

 

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Economists and Bad Pharma? What could possibly go wrong?

Weak and not feasible solution.

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