Karl Marx famously said that history repeats itself first as tragedy, then as farce. Vice President Kamala Harris is bringing that aphorism to life by putting price controls at the center of her ...
History has a short memory. In recent weeks, as Vice President Kamala Harris’s policy proposals sparked a national conversation about price-controls, that phenomenon is on full display. Price-controls ...
"Government intervention can cut costs in the moment," writes healthcare policy expert Sally Pipes. "But it does so at the expense of future treatments and cures." The Democrats' days in control of ...
The Trump administration has done a good job with promoting a free-market approach in many of its policies. However, they have taken a completely different tact to reduce prescription drug prices in ...
As Robert L. Schuettinger documents in Forty Centuries of Wage and Price Controls: How Not to Fight Inflation, attempts to cap prices stretch back thousands of years. The results have been bleak. From ...
At first glance, government-imposed price controls on prescription drugs seem to offer relief for patients struggling with high costs. However, the hidden consequences of price controls paint a ...
Legislation to restrict assessment of credit card interchange fees has been proposed in multiple states this year, but is unlikely to pass in any. Progressive Democrats like Senator Bernie Sanders ...
Whatever political opposition existed around restricting drug prices through government intervention — and there was quite a lot not so long ago — seems to have largely disappeared. In other words, ...
For decades, America’s drug-price debate has centered on a fundamental tension: How do policymakers encourage expensive research and development, while ensuring that companies keep final prices ...
Martin Hoyt is the Director for Public Health Reform Alliance. If there’s one axiom, we all know about Washington, D.C., is that it’s full of well-intentioned policies and unintended (read: harmful) ...
Novo Nordisk just announced price cuts for Ozempic and Wegovy, whose list prices as recently as last year were around $1,000 a month. Patients buying directly from the manufacturer will be able to pay ...