Thursday, September 24, 2015

No To Phamaceutical Price Controls

Democrats more and more are advocating price controls on prescription pharmaceuticals, oblivious to the fact price controls create shortages and rip off everyone. Politicians forever have zero understanding of real economics, but some doctors clearly don't, either - they need to leave it alone because price issues solve themselves via the market, capitalization, and technological improvement.

Update December 29, 2015 The pharmaceutical industry's opposition to patent reform should be resisted  because patents are an often-dubious money scam.

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