I didn't say anything about US medicine, especially whether it has price problems and whether it could or does have price control problems. I only gave a specif

I didn't say anything about US medicine, especially whether it has price problems and whether it could or does have price control problems. I only gave a specific answer to what happens when there is inelastic demand because of a government that can also regulate the suppliers. I see how "this is known" might be taken the wrong way, but all I meant by it was that the OP didn't need to wonder...it's found in any standard microecon textbook. I would like to think we could talk about cause and effect in isolation here without making everything a grand political statement.