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The Future of the Pharmaceutical Industry: Beyond Government-Granted Monopolies

Published online by Cambridge University Press:  21 April 2021

Dean Baker
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Abstract

Just as tariffs lead to economic distortions and provide incentives for corruption, so do patent monopolies on prescription drugs, except the impact is often an order of magnitude larger.

Keywords

PatentsClinical TrialsOpen-SourceDrug PricesDrug Development
Type
Symposium Articles
Information
Journal of Law, Medicine & Ethics , Volume 49 , Issue 1: Public Sector and Non-Profit Contributions to Drug Development: Historical Scope, Opportunities, and Challenges , Spring 2021 , pp. 25 - 29
Copyright
© 2021 The Author(s)

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References

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