What are the benefits of a free market for vaccines? While such a market is unrealistic in the current political environment, it is important to understand how the free market could improve the development, production, sale and distribution of vaccines.
The libertarian cannot describe accurately the particular consequences in the long term of a market liberalization. The nature of the free market - its plurality, its decentralization - makes it difficult to make that kind of prediction. However, it is possible to make more general observations concerning a particular market, based on the principles of Austrian School of Economics.