{"id":25562,"date":"2020-04-17T09:59:19","date_gmt":"2020-04-17T13:59:19","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=25562"},"modified":"2020-04-24T12:35:45","modified_gmt":"2020-04-24T16:35:45","slug":"image-of-the-day-free-markets-bring-innovation","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/25562\/image-of-the-day-free-markets-bring-innovation\/","title":{"rendered":"Image of the Day:  Free Markets Bring Innovation"},"content":{"rendered":"<p>In this week&#8217;s Liberty Update, we highlight how <a href=\"https:\/\/cfif.org\/v\/index.php\/commentary\/54-state-of-affairs\/4964-big-pharma-slurs-conspicuously-disappear\">cheap slurs against &#8220;Big Pharma&#8221; have suddenly and rightfully fallen silent<\/a> amid the coronavirus pandemic, as people understand that private pharmaceutical innovators offer the best hope for new vaccines and treatments.\u00a0 Along with <a href=\"https:\/\/cfif.org\/v\/index.php\/commentary\/56-health-care\/4910-dont-jeopardize-us-pharmaceutical-innovation-when-we-need-it-most\">strong patent protections<\/a>, one of the key components in unleashing America&#8217;s pharmaceutical innovators &#8211; who lead the world by producing an astounding <a href=\"https:\/\/cfif.org\/v\/freedom_line_blog\/25531\/image-of-the-day-patent-rights-and-u-s-pharmaceutical-leadership\/\">two-thirds of new medicines worldwide<\/a> &#8211; is an emphasis on free-market principles, as opposed to socialized models that <a href=\"https:\/\/cfif.org\/v\/index.php\/commentary\/56-health-care\/4860-socialist-drug-price-controls-have-no-place-in-america\">stifle innovation and prevent new drugs from reaching even developed nations&#8217; consumers<\/a>.\u00a0 Our friends at the Heritage Foundation offer a nice <a href=\"https:\/\/www.heritage.org\/sites\/default\/files\/inline-images\/DS-Economic-Freedom-Matters-Charts-02.jpg\">illustration<\/a> of that correlation:<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/www.heritage.org\/sites\/default\/files\/inline-images\/DS-Economic-Freedom-Matters-Charts-02.jpg\" alt=\"Freedom Means Innovation\" width=\"531\" height=\"624\" \/> Freedom Means Innovation<\/p>\n<p>&nbsp;<\/p>\n<p>.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this week&#8217;s Liberty Update, we highlight how cheap slurs against &#8220;Big Pharma&#8221; have suddenly and rightfully fallen silent amid the coronavirus pandemic, as people understand that private pharmaceutical innovators offer the best hope for new vaccines and treatments.\u00a0 Along with strong patent protections, one of the key components in unleashing America&#8217;s pharmaceutical innovators &#8211; [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1251,803,1137,1684,2872,5102,4805],"class_list":["post-25562","post","type-post","status-publish","format-standard","hentry","category-posts","tag-drugs","tag-free-markets","tag-freedom","tag-innovation","tag-ip","tag-pharma","tag-pharmaceuticals"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/25562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=25562"}],"version-history":[{"count":6,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/25562\/revisions"}],"predecessor-version":[{"id":25569,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/25562\/revisions\/25569"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=25562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=25562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=25562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}