Word: gateses
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“People who need medicine for malaria have no money and hence no voice in the marketplace,” Gates said. “Drug companies spend 10 times as much money on male baldness products as they do on malaria drugs.”
“The Republicans don’t like ‘national,’ and the Democrats don’t like ‘standards,’” Gates said. “As a result, the most basic improvement we could make...
Furthermore, Gates pointed out that global health care represented a prominent market failure.
Gates said that bad health care represented the start of a reinforcing cyclical trap that hurt the economy, which in turn damaged the education system and thereafter affected the performance level of governance.
With the global financial situation spiraling out of control, countries are even less likely to contribute troops and treasure to a war that seems, on its face, less threatening to the West by the day. Al-Qaeda has so far failed to replicate the devastating attacks of 9/11, and low...