Learn how price controls affect the economy with types, real-world examples, and the pros and cons of government-mandated price floors and ceilings.

Proponents of price controls are wagering that savings on medicines will outweigh the lost benefits. The opposite is true.

History has a short memory. In recent weeks, as Vice President Kamala Harris’s policy proposals sparked a national conversation about price-controls, that phenomenon is on full display. Price-controls ...

First comes price controls, then comes rationing. The latter follows logically from the former, either via market mechanisms ...

Karl Marx famously said that history repeats itself first as tragedy, then as farce. Vice President Kamala Harris is bringing that aphorism to life by putting price controls at the center of her ...

Legislation to restrict assessment of credit card interchange fees has been proposed in multiple states this year, but is unlikely to pass in any. Progressive Democrats like Senator Bernie Sanders ...

ABOUT THE AUTHOR: Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other ...

The House of Representatives just passed a resolution condemning the “horrors of socialism” by a 285 to 98 margin. All the no votes were cast by Democrats indicating that a majority of the members ...

Approximately 3.2 million Americans suffering from cancer, heart disease, and other serious or life-threatening diseases benefit from home infusion therapy. As the name suggests, home infusion therapy ...

With the help of its legislature and four successive governors, Connecticut has become a key hub for bioscience. Google the word “CT biotech” and the number of recent news articles about successful ...

Novo Nordisk just announced price cuts for Ozempic and Wegovy, whose list prices as recently as last year were around $1,000 a month. Patients buying directly from the manufacturer will be able to pay ...

Ever since college, I have subscribed to the Enlightenment view of the world, which is based on the belief that knowledge mostly moves forward. Experimentation and scholarship produce facts and ...