Attention Economy


Wednesday, February 10, 2021

An Example of Market Failure?

Health workers are still being forced to ration protective masks, but small U.S. manufacturers can’t find buyers, and some are in a danger of going under.
https://www.nytimes.com/2021/02/10/health/covid-masks-china-united-states.html
In one of the more confounding disconnects between the laws of supply and demand, many of the nearly two dozen small American companies that recently jumped into the business of making N95s are facing the abyss — unable to crack the market, despite vows from both former President Donald Trump and President Biden to “Buy American” and buoy domestic production of essential medical gear”.