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How to stop drug price gouging

Source: Tim Wu - N.Y. Times (Paid Registration)

One of Donald Trump’s few universally welcomed campaign promises was to do something about the prices of pharmaceutical drugs. Most Americans recognize that prices are too high, and are bothered by the rise of pharmaceutical price gouging: the giant price increase for decades-old drugs and devices by the likes of Martin Shkreli with Daraprim or Mylan with the EpiPen. But what few people realize is that the president already has the power to do something about drug prices if he really wants to. If Mr. Trump wishes to show he’s serious about his populist promise, the place to start is by declaring war on the price gougers.

Read Full Article: How to stop drug price gouging


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