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Brian Villanueva's avatar

I use penicillin as an example of both capitalism and the power of government with my econ students.

I forget the exact numbers on the slide, so these are estimates:

1940 -- essentially priceless

1942 -- $175 / dose

1943 -- $20 / dose

1945 -- 50c / dose

1950 -- 3c / dose

I love Potter's substack, so this sounds like a great book.

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