Most Favored Nation (MFN) drug pricing is just price controls by another name. Instead of openly capping what a drug can cost ...

Every time Americans purchase prescription drugs, they end up paying higher prices so that foreign governments can pay less. Countries such as Germany and Canada use price controls and trade tactics ...

“We support efforts to lower the price of medicines and improve patient access, but these efforts must be grounded in market-based principles that respect free enterprise and foster future medical ...

This week, President Donald Trump issued an order he says will bring down Americans' prescription drug prices. The order will likely have little effect, but it's a perfect example of the government ...

In an executive order last week, President Donald Trump effectively instituted price controls on prescription drugs—not just those purchased by the government through Medicare and Medicaid, but ...

The new U.S.-U.K. pharmaceutical agreement is an important reminder that there is a smarter way to address global ...

FILE - This Tuesday, April 3, 2018 file photo shows a closeup of a beam scale in New York. The Food and Drug Administration is warning consumers, Thursday, June 1, 2023, not to use off-brand versions ...

Remember when Republican presidential candidate Donald Trump castigated “Comrade Kamala” Harris, then the Democratic nominee, for supporting price controls? It wasn’t that long ago — just last August.

There’s a famous line in the movie “The Graduate” where a young Dustin Hoffman receives this bit of career advice from a ...

Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other Unexpected Places to ...

Discover how scarcity in economics affects prices and distribution, along with the impact of increased demand to production ...