This week, Bill Gates’s biggest announcement was that the Bill and Melinda Gates Foundation will spend billions to quickly build seven manufacturing facilities, so that when vaccines for Covid-19 are identified, they can be mass produced quickly. But, there’s a brutal truth reflected in the Gates plan, which is that the effort will involve knowingly wasting lots and lots of money.

Source: Flickr Sebastian Virtal Attribution 2.0 Generic (CC BY 2.0)