The history of government price-control policies that seek to impose price ceilings on goods and services…
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Ramirez Cartoon: Drug Price Control Poison

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’s 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 – not even prescription drugs, which seem to be a primary target in the price-control crosshairs of policymakers at all levels of government.

In his latest cartoon, two-time Pulitzer Prize winner Michael Ramirez sums up the negative consequences of prescription drug price control policies – whether they take the form of direct price caps, “negotiated” Medicare and other prices, or Most Favored Nation…[more]

May 28, 2025 • 01:05 PM

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Notable Quote   
 
"President Donald Trump on Monday called for California Democratic Sen. Adam Schiff to be prosecuted for alleged mortgage fraud.Trump said the mortgage giant Fannie Mae's financial crimes division concluded Schiff 'engaged in a sustained pattern of possible Mortgage Fraud' in a Monday morning post on the social media platform Truth Social. The president called on the California Democrat to face prosecution…[more]
 
 
— Adam Pack, Daily Caller News Foundation
 
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