As Senate Finance Committee Convenes on Healthcare Costs, First Do No Harm
As the United States Senate Finance Committee convenes today for a meeting entitled "The Rising Cost of Health Care: Considering Meaningful Solutions for All Americans," the enduring adage of medical care applies: Do no harm.
Specifically, as we've detailed at CFIF, we must especially avoid potentially catastrophic ideas like drug price controls (whether through so-called "Most Favored Nation" (MFN) programs or any other) and violations of patent and intellectual property (IP) protections in which the United States leads the world. Indeed, our more free-market approach explains why America leads the world in lifesaving healthcare innovation, accounting for an astonishing two-thirds of all new drugs introduced to the world each year:
The reasons that MFN schemes would only exacerbate…[more]
Much is made of the fact that liberals and conservatives see racial issues differently, which they do. But these differences have too often been seen as simply those on the right being racist and those on the left not.
You can cherry-pick the evidence to reach that conclusion. But you can also cherry-pick the evidence to reach the opposite conclusion.
During the heyday of the Progressive movement in the early 20th century, people on the left were in the forefront of those promoting doctrines of innate, genetic inferiority of not only blacks but also of people from Eastern Europe and Southern…