How did we end up in a ventilator bidding war?

Apr 1, 2020
Competition among states for ventilators has driven prices sky high.
A ventilator and other hospital equipment is seen in an emergency field hospital to aid in the COVID-19 pandemic in Central Park on March 30.
Stephanie Keith/Getty Images

Need some Econ 101?

Our new Marketplace Crash Course is here to help. Sign-up for free, learn at your own pace.