Pandemics, Patents, and Price Controls
Toggle open close The second decade of the 21st century was bookended by two great crises—the Great Recession and the COVID-19 pandemic. In addition to the colossal impact these events have had on our daily lives, they resulted in massive increases in government power and spending. During the Great Recession, Rahm Emmanuel, Chief of Staff for President Barack Obama, infamously said, “You never want a serious crisis to go to waste. And what I mean by that is an opportunity to do things that you think you could not do before.”REF This adage was applied in the Great Recession—and it cer...
Source: heritage.org