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Even Nixon’s Ghost Agrees That Price Controls Won’t Fix Our Broken Health Care System

Even Nixon’s Ghost Agrees That Price Controls Won’t Fix Our Broken Health Care System

The answer to high out-of-network health care costs is not to increase the federal government's already excessive powers over the marketplace. On a hot summer night—Sunday, August 15th, 1971—millions of red-blooded Americans tuned their Zenith and Magnavox TV sets to NBC to watch another action-packed episode of Bonanza, the popular Western starring Lorne Greene. Alas, they were destined for disappointment. Days earlier, secluded at Camp David, President Richard M. Nixon and his closest advisors had decided to unleash a series of bold new economic policies on the American people, and only a...

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