Mortgage Land Prosperity

Competition lowers the prices of good and improves their qualities. Based on well-known economic texts, healthy competition only flourishes in a capitalist environment. Sadly, true capitalist government does not exist because of the existence of too much regulation, numerous alliances and favors between some businesses and the government, and too much interference of the state with matters which are purely business in nature. The regulation of the pharmaceutical market is a total disaster. In order for a drug to be approved, the regulators command that the applicant should test the drug on both humans and animals for a certain amount of time following certain guidelines. Propecia a creation of Merck and Co underwent rigorous test. While this form of regulation limits the number of potential injuries resulting from overdose or miscalculated doses, the fact remains that this limits the entry of smaller players or makes entry more difficult. The effects of trade laws, patent laws, and the like are the same. This is why it was quite difficult to buy propecia from pharmacies getting their supplies from China or India.

The proliferation of online pharmacies has very positive effects. As the number of online pharmacies selling blockbuster drugs like Viagra online grows, we will see the prices of commodities go down and the quality goes up. Competition breeds better goods and better products, while the lack of it breeds indolence, low-quality goods, and harmful monopolies. Experience in the unregulated hotels market show that the growth in the number of new players made the industry exciting, competitive, and the rooms are much better. In the pharmaceutical industry, the legal and lobby arms of the big companies prevented such free conditions to exist. However, individual human ingenuity always prevails against collective ways and we have online pharmacies which are quite doing well.

Last 5 posts by Harris Hall

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• Where to Find Free Debt Counseling - October 24th, 2011