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Against Monopoly

defending the right to innovate

Monopoly corrupts. Absolute monopoly corrupts absolutely.





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Drug Reimportation

A nice post by Jeffrey Miron on drug reimportation. I don't think we have him completely convinced about patents yet, but we're getting there.

Just a remark on drug reimportation. There seems to be this naive view in Congress and by lobbying organizations that if we allow drug reimportation from Canada that means we get cheap drugs. Which is more likely: the pharmaceutical companies suffer a large drop in profits on the large US market, or that they just raise prices to Canadians?


Comments

David,

You inspired me to post this on my blog:

Regarding David Levine's post about drug reimportation, assembled below are various posts I've made on this topic:

David,

You inspired me to post this on my blog:

Regarding David Levine's post about drug reimportation, assembled below are various posts I've made on this topic:

When you say "cheap" are you refering to cheap as in: low cost or cheap as in: Cheap plastic crap?

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