But here's the hard truth: price controls don't work. They never have, and they never will. And when it comes to credit cards ...

They could not be more wrong. When a government (or a cartel) dictates a price that is different from what the market would produce, the result is invariably shortages, lower-quality products or a ...

From research startups in Charleston to drug manufacturers in Greenville, South Carolina’s biotech sector is booming. In fact ...

Earlier this year, Sen. Josh Hawley, R-Missouri, correctly noted that “American economic superiority means cutting China off from American ingenuity and halting the subsidization of [Chinese Communist ...

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 ...

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 ...

Whatever political opposition existed around restricting drug prices through government intervention — and there was quite a lot not so long ago — seems to have largely disappeared. In other words, ...

At first glance, government-imposed price controls on prescription drugs seem to offer relief for patients struggling with high costs. However, the hidden consequences of price controls paint a ...

The Trump administration has done a good job with promoting a free-market approach in many of its policies. However, they have taken a completely different tact to reduce prescription drug prices in ...

For decades, America’s drug-price debate has centered on a fundamental tension: How do policymakers encourage expensive research and development, while ensuring that companies keep final prices ...