Archive for the ‘Ventilators’ Tag

The Race to Make Ventilators   Leave a comment

Link: https://www.npr.org/2020/03/31/824886286/episode-987-the-race-to-make-ventilators

In the wake of the Covid-19 crisis, the healthcare industry is experiencing a shortage of ventilators. Without increased production, hundreds of thousands of individuals will die. Now, companies that have little to no experience producing ventilators are beginning to help supply them.

Original Air Date: March 31, 2020

Length: 24 minutes 3 seconds

Discussion Prompt: In what ways does this policy align with economic thinking? In what ways is it ‘out of step’ with economic thinking? Is this the most efficient way to produce ventilators, at least for the time being? How can the government incentivize companies to stay open and help produce parts for ventilators during this time?