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The Chicago School
Culture & Society
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Economic History
The Equitable Economy
The Green Economy
The Information Economy
International Economics
The Role of the State
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Insights shaping the future of capitalism.
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The Chicago School
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Craig Garthwaite
Rent seeking
Perverse Market Incentives Encourage High Prescription Drug Prices
Craig Garthwaite
Pharmacy benefit managers (PBMs) are the under-discussed market participants who manage prescription drug insurance for the vast majority of Americans. PBMs claim to be a lone...
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