Recently, I left my dental office with a generic drug prescription and paid less than $3 for it. Medicare paid the major portion, but I admit, I had reverse sticker shock. After the EpiPen scandal, where a generic drug that normally sold for $50 suddenly shot up to $300, I
Sometimes we think we know the meaning of a word only to discover we don’t. Take the word monopoly. It used to mean a business large enough to eliminate its competitors. When that happens, we expect goods and services to go up. But, as Franklin Foer writes in a recent essay,