Is It Capitalism at Work or “Gouging” or Both?

Current news reports (September 23/24, 2015) are pointing an accusing finger at a pharmaceutical company’s CEO for suddenly increasing the price of a medicine it manufactures and sells–from about $15 per pill to about $700 per pill. (The details vary, of course, because what price is charged can depend on the retailer.) Apparently, from reports [Read More...]
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Published on September 24, 2015 06:14
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Roger E. Olson's Blog

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