A Stitch in Haste

A Stitch in Time Saves Nine...But Haste Makes Waste

A collection of real-world libertarian, individualist and laissez-faire rants on law, economics, politics, culture and other current events
by an average, everyday lawyer & investment banker and part-time pop scholar.

Avian Flu: EU = "Don't Panic," UK = "Panic"
(Why aren't you reading this at the new website?)

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Competing headlines from Europe over the avian flu:

The Eurocrats take the Hitchhiker's Guide approach:
Europeans should not panic about bird flu as there is only a slight risk of humans contracting it and there is no immediate threat of a pandemic, a European Union disease prevention agency said on Wednesday.
Britain, meanwhile, thinks that attitude is for the birds:
The Government will buy enough bird flu vaccine to cover the entire UK population as soon as any pandemic emerges.

Chief Medical Officer Sir Liam Donaldson said 120 million doses -- the equivalent of two per person -- would be needed.
Isn't the whole problem with flu vaccine that it can't be manufactured in time to prevent a pandemic?

In any event, my guess is that the optimal policy is somewhere in between these two extremes. My guess is also that our government will screw up just as badly, if not worse, than its transatlantic counterparts.

More thoughts at Marginal Revolution.
Posted by KipEsquire on 19 October 2005


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