Strong property rightsand minimal interference will ensuretheefficiency and success of the pharmaceutical industry.

Who could have predicted when he took office that Mr. Bush might end up looking much more like Lyndon Johnson than his own father?

We should be tough about limiting the insurance burden for such drugs to those who do have serious illness, but if people pay for safe psychopharmacology, that should be their choice.

The pharmaceutical drug OxyContin is a potent pain reliever, often the only help for hundreds of thousands of patients who suffer serious, relentless pain. The drug has recently been in the spotlight for its use as a street narcotic, sold on the black market and responsible for addiction and overdose...

OxyContin, which offers relief to patients with searing, prolonged agony due to diseases such as cancer, neurological illness and degenerative discs, is getting a bad rap.

The latest bad rap for OxyContin threatens to inflict more pain on those who truly benefit from the drug.

Press release/summary for the book Antitrust Consent Decrees in Theory and Practice: Why Less Is More, by Richard A. Epstein.