Simple and neat solutions are alluring but often wrong. A case in point is President Trump’s proposal to adopt a most favored nation (MFN) policy. The MFN sets Medicaid’s price for a drug at the ...

“We support efforts to lower the price of medicines and improve patient access, but these efforts must be grounded in market-based principles that respect free enterprise and foster future medical ...

Holding large amounts of Bitcoin doesn’t automatically mean controlling price or supply. ETFs change how Bitcoin trades, not whether it can be sold. When high-conviction holders begin distributing, ...

Mr. Mahoney is an economist and Mr. Ramamurti is a former deputy director of the National Economic Council. Democrats dominated the Nov. 4 elections, but the other big winner was price controls. In ...