Skip to content

Aids Quote by Uwe Reinhardt

“We economists, in our classes, teach students that to some degree, price discrimination is actually a good thing; that it allows you to serve lower-income people. Take Africa, with AIDS. They could never finance what an AIDS cocktail costs here, over $10,000 a year. But if you sold it to them for…” quote by Uwe Reinhardt
Download Open image
“We economists, in our classes, teach students that to some degree, price discrimination is actually a good thing; that it allows you to serve lower-income people. Take Africa, with AIDS. They could never finance what an AIDS cocktail costs here, over $10,000 a year. But if you sold it to them for $300 a year, which just barely covers cost, they could probably serve quite a few of their citizens, with World Bank help. We economists say that will be beneficial. But it's a two-tier system; yes, African people pay less than we would pay.”

Uwe Reinhardt

4.6 out of 5 (9 ratings)

More by Uwe Reinhardt

Explore all 18 Uwe Reinhardt quotes

More Aids quotes

Browse all 1,838 Aids quotes