this post was submitted on 30 Mar 2024
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[โ€“] GenEcon@lemm.ee 3 points 7 months ago* (last edited 7 months ago)

10 % would mean that more than 9 of 10 research projects need to succeed. The reality is closer to 0.5 of 10, which would require a profit of 2000 % of R&D. Rules like that would stop private funded research. Which is something we can debate, but it should be noted that this would just mean, that countries need to fund medical research, which is currently 270 billion per year, which is 20 % of the US budget. If you want to stop private medical research, you need to raise taxes โ€“ plain and simple.