Jeffrey A. Singer As Josh Bloom and I wrote last November, the Food and Drug Administration (FDA) imposed onerous requirements on health care providers prescribing the effective drug clozapine to…
Investing
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Colleen Hroncich Remote pandemic schooling wasn’t working for her second-grade daughter, so Rebecca Simmons decided it was a good time to start homeschooling. “I was supplementing her work anyway,” she…
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Jeffrey Miron and Jacob Winter Much debate exists about whether the US tax and transfer system unfairly benefits wealthy people at the expense of ordinary Americans. For example, Democratic members…
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Editor's PickInvesting
Evaluating PDUFA: Paying for FDA Drug-Application Reviewers by Charging User Fees
Michael F. Cannon A congressional staffer recently asked about the performance of the Food and Drug Administration (FDA), including the Prescription Drug User Fee Act (PDUFA). Since 1992, PDUFA has…
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Chris Edwards Congress should cut federal spending to reduce massive budget deficits. One target for reform should be business subsidies—often called corporate welfare—which total $181 billion a year, according to…
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Editor's PickInvesting
As the United States Cracks Down on Fentanyl Smuggling, New Drugs and Suppliers Emerge
Jeffrey A. Singer The Drug Enforcement Administration reported last year that its heroin seizures decreased by almost 70 percent, while its fentanyl seizures increased by nearly 451 percent between 2019…
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Jeffrey Miron A major controversy during the COVID-19 pandemic revolved around vaccine mandates, imposed by both governments and private entities, such as employers. Much of the debate failed to distinguish…
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Editor's PickInvesting
New Section 232 Investigation on Timber and Lumber Will Raise Prices for Homebuilders … and More Legal Questions
Scott Lincicome On March 1, President Trump instructed the Secretary of Commerce to initiate an investigation under Section 232 of the Trade Expansion Act of 1962 on the effects of imported…
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Jai Kedia There is no shortage of strange economic proposals in our current political landscape from both the left and the right. You can add changing gross domestic product (GDP)…
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Romina Boccia and Dominik Lett As government funding runs out by March 14, Democrats are attempting to use the appropriations process to block recent cost-cutting measures led by the Department…