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Editor's Pick

How Trump Can Lower Drug Prices Without Price Controls

While Trump has not yet turned to price controls to address America‘s absurdly high drug prices, Monday‘s executive order suggests that he soon may. Price controls would only worsen the problem with the drug market. Here are three things he can do instead.

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Walter Olson The House Judiciary Committee on April 28 released budget reconciliation language that would do a truly remarkable thing: ban federal judges from...

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These subsidies exemplify crony capitalism. The Austrian School of economics defines any subsidy as government intervention in the functioning of the economy.