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The Becker Friedman Institute for Economics finds that price controls will have bad effects, specifically, smaller R&D spending on new drugs. Libertarian-orient
by bediger4000 2y ago
The Becker Friedman Institute for Economics finds that price controls will have bad effects, specifically, smaller R&D spending on new drugs. Libertarian-oriented economists find that anything other than laissez faire will cause bad effects.
This isn't news in any sense of the word. It's just business (or ideology) as usual.