Tragedy Of The Antibiotic Commons

New_Drugs

McArdle warns that antibiotics become ineffective over time and that we aren't making enough new ones:

Antibiotics are an exhaustible resource. We should be treating them like an oil field, or an endangered species. Instead, we handle them like consumer electronics. The patent system is designed to promote human invention, not conserve what has already been discovered.

Kevin Outterson nods. Chart from (pdf) the IDSA.