{"id":26519,"date":"2025-05-28T13:05:35","date_gmt":"2025-05-28T17:05:35","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=26519"},"modified":"2025-05-28T13:05:35","modified_gmt":"2025-05-28T17:05:35","slug":"ramirez-cartoon-drug-price-control-poison","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/26519\/ramirez-cartoon-drug-price-control-poison\/","title":{"rendered":"Ramirez Cartoon: Drug Price Control Poison"},"content":{"rendered":"<p>The history of government price-control policies that seek to impose price ceilings on goods and services is both long and replete with failure. That\u2019s because price controls discourage innovation and investment, and lead to shortages in the marketplace, among other unintended consequences.<\/p>\n<p>No targeted industry is immune from the predictable negative impacts of prices controls \u2013 not even prescription drugs, which seem to be a primary target in the price-control crosshairs of policymakers at all levels of government.<\/p>\n<p>In his latest <a href=\"https:\/\/cfif.org\/v\/index.php\/commentary?c=3866\">cartoon<\/a>, two-time Pulitzer Prize winner Michael Ramirez sums up the negative consequences of prescription drug price control policies \u2013 whether they take the form of direct price caps, \u201cnegotiated\u201d Medicare and other prices, or Most Favored Nation reference pricing that benchmarks prices against those in foreign countries.<\/p>\n<p>The side effects of such poisonous policies? \u201cFewer biotech breakthroughs, lower R&amp;D spending, longer wait time, drug shortages, negligible savings, and fewer drugs\u2026\u201d<\/p>\n<p><a href=\"https:\/\/cfif.org\/v\/index.php\/commentary?c=3866\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cfif.org\/v\/images\/cartoons\/2025-05\/DrugPriceControls-big.jpg\" alt=\"click to enlarge (+)\" width=\"665\" height=\"452\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The history of government price-control policies that seek to impose price ceilings on goods and services is both long and replete with failure. That\u2019s because price controls discourage innovation and investment, and lead to shortages in the marketplace, among other unintended consequences. No targeted industry is immune from the predictable negative impacts of prices controls [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[34,189,5068,3738],"class_list":["post-26519","post","type-post","status-publish","format-standard","hentry","category-posts","tag-cartoon","tag-michael-ramirez","tag-prescription-drugs","tag-price-controls"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/26519","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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=26519"}],"version-history":[{"count":1,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/26519\/revisions"}],"predecessor-version":[{"id":26520,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/26519\/revisions\/26520"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=26519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=26519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=26519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}