Source: Common Sense
by Paul Jacob
“Now that President Donald Trump has signed an executive order aimed at ‘Delivering Most-Favored Nation Prescription Pricing to American Patients,’ you have probably heard complaints that Trump’s plan amounts to ‘price controls,’ which Republicans say they are against, and Trump, too, says he adamantly opposes. But the The Wall Street Journal editorial that mounted this case, and Joe Lancaster’s argument in Reason, assume that the current order makes sense. The present system is in no way a free market in drugs. It’s the result of patent policy, massive subsidies to consumers, an insane approach to insurance regulation, and abridgements to free trade.” (05/14/25)
https://thisiscommonsense.org/2025/05/14/if-this-be-price-control/