Monday saw a seismic economic shift courtesy of an executive order by President Trump cramming down the prices Americans pay for prescription drugs. President Donald Trump declared Monday that the U.S. “will no longer tolerate profiteering and price gouging from Big…
At some point during the past two weeks, the Harris presidential campaign finally realized that the Vice President would be forced to address the most important issue of the election. Consequently, they cobbled together a speech and shoved Harris in…
SACRAMENTO — The issue of patents — the intellectual property rights granted to inventors that give them exclusive control over their invention — has long divided supporters of the free-market system. It’s always a contentious topic in libertarian circles, something…
Whatever the government calls a piece of legislation or a program, it usually means the opposite. That used to be just plain ol’ American cynicism, but nowadays it’s pure Orwellianism. Case in point the so-called “Inflation Reduction Act,” the Biden…
As part of the Inflation Reduction Act of 2022, the Centers for Medicare & Medicaid Services (CMS) gained the authority to negotiate the price the government pays for prescription drugs. Recently, the CMS released a target list of 10 drugs…
In recent years, drug prices have risen faster than inflation. Politicians are blaming this on businesses known as pharmacy benefit managers (PBMs) and, not surprisingly, are moving against PBMs with legislation. Yet the legislation will only make drug prices rise…
Admittedly, I knew little about amyotrophic lateral sclerosis (ALS, or, more commonly, Lou Gehrig’s disease) until quite recently when a friend’s friend received the horrible diagnosis. On average, survival is 2-5 years and it’s a terrible way to go. What’s…
Sacramento Insulin prices are rising, so the state has announced a plan to “explore ways to contract and manufacture our own insulin to reduce costs,” according to a tweet in January from Gov. Gavin Newsom. “Insulin should not drain your…
With some pundits advocating for price controls to fight inflation, it suddenly feels like the 1970s again. This type of overbearing intervention has never worked as marketed, something President Richard Nixon discovered in 1973 when he lifted the wage and…
