Drug prices, helping workers, budgetary restraint, Coalition Coffee & Conversation
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** State law inflates prescription drug costs
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Given that the recent COVID-19 crisis has significantly reduced many people’s income and is increasing the demand for prescription drugs, now would be a good time to reverse the antiquated laws that keep prices in Wisconsin higher than they need to be.
The so-called Unfair Sales Act precludes retailers from selling items below cost. The ostensible fear is that, without the law, a big retailer could drive prices so low that its smaller rivals would be driven to bankruptcy, achieve some modicum of monopoly power and then raise prices.
In the real world, we rarely see this behavior because it is relatively easy for new competitors to enter a market if they see an incumbent standing alone and earning fat profits.
Read more here ([link removed]) .
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** Analysis: Crisis is no excuse for abandoning fiscal restraint
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Gov. Tony Evers is pushing the Legislature to “convene without any further delay,” but the legislative leadership is rightfully taking time to assess our states finances, understand the full ramifications of the massive federal relief bill and hold off on any new state spending. While some expenditures may be necessary to get us through this difficult period, they need to be targeted and temporary.
Read more here ([link removed]) .
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** Free Market Coalition: 7 Ways to Help Workers, Economy During Crisis
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A free-market coalition of the Wisconsin Institute for Law & Liberty (WILL), Americans for Prosperity-Wisconsin, the Badger Institute, and MacIver Institute have pooled their resources to offer some solutions and policy recommendations to assist the state’s workers and businesses, provide more certainty during the crisis, and spur a quick and lasting recovery.
Read more here ([link removed]) .
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** EVENT: Coffee & Conversation: 7 Ways to Help Wisconsin Workers and Economy
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In a matter of weeks, the coronavirus pandemic turned life in Wisconsin upside down. Schools are closed. Sporting events and concerts are cancelled. And, huge segments of the economy are shuttered. Join AFP-Wisconsin, Badger Institute, Wisconsin Institute for Law & Liberty and MacIver Institute for another engaging discussion on policy recommendations to assist the state’s workers and businesses, provide more certainty during the crisis, and spur a quick and lasting recovery. Grab your coffee and log on to our special LIVE Zoom meeting to be a part of the conversation!
Follow this link to log on via Zoom: [link removed]
Sign up here ([link removed]) .
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We believe competitive free markets, limited government, private initiative and personal responsibility are essential to our democratic way of life. The Badger Institute is a nonprofit, 501(c)(3) tax-exempt organization and does not receive government funding. Our work is funded solely through tax-deductible gifts from foundations, companies and individuals. We appreciate your support.
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