Mises Wire

A Solution to High Drug Prices

A Solution to High Drug Prices

For years, the American political class has propose socialistic “solutions” to the problem of high prescription drug prices. Well, the market has found a way around the problem, as the New York Times Reports in its story “Canada Fills US Prescriptions Under the Counter.” What we have here is an example of free trade that benefits all consumers, but the pharmaceutical industry doesn’t like it one bit, for “public health” reasons of course. 

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