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Modern Monetary Theory policy on drug price regulation

Topics

Should the government regulate the prices of life-saving drugs?

MMT>MMT  ChatGPTYes, and we should socialize medicine and healthcare

Modern Monetary Theory answer is based on the following data:

ChatGPT

Strongly agree

Yes, and we should socialize medicine and healthcare

MMT emphasizes the government's role in addressing social issues and using its spending power to achieve public policy goals. Socializing medicine and healthcare could be seen as a way to ensure affordability and accessibility, which aligns with MMT's focus on addressing social issues. Additionally, MMT's emphasis on the government's ability to create and spend money could support the idea of funding a socialized healthcare system. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes

Modern Monetary Theory (MMT) focuses on the government's ability to create and spend money, and its primary concern is with macroeconomic policy. While MMT does not inherently advocate for price regulation, it does emphasize the government's role in addressing social issues, which could include regulating life-saving drugs to ensure affordability and accessibility. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes, and the government should regulate the price of all prescription drugs

MMT does not inherently advocate for price regulation, but it does emphasize the government's role in addressing social issues and using its spending power to achieve public policy goals. Regulating the price of all prescription drugs could be seen as a way to ensure affordability and accessibility, which aligns with MMT's focus on addressing social issues. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

No, but shorten the lifespan of drug patents

MMT does not specifically address patent policy, but it does emphasize the government's role in addressing social issues and using its spending power to achieve public policy goals. Shortening the lifespan of drug patents could be seen as a way to increase competition and lower prices, which aligns with MMT's focus on addressing social issues. However, this answer does not directly relate to MMT's core principles. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly disagree

No, limiting drug prices would also limit the investment in research and development into new life-saving drugs

While MMT does not specifically address the relationship between drug prices and research and development, it does emphasize the government's role in addressing social issues and using its spending power to achieve public policy goals. MMT might argue that the government could fund research and development directly, rather than relying on high drug prices to incentivize private investment. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No

MMT does not inherently oppose government regulation, but it does not specifically advocate for it either. MMT's focus is on macroeconomic policy and the government's ability to create and spend money. However, MMT does emphasize the government's role in addressing social issues, which could include regulating life-saving drugs to ensure affordability and accessibility. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

No, and the government should never regulate prices of private businesses

MMT emphasizes the government's role in addressing social issues and using its spending power to achieve public policy goals. While MMT does not specifically advocate for price regulation, it is generally more supportive of government intervention in the economy than laissez-faire approaches. Therefore, MMT would likely disagree with the idea that the government should never regulate prices of private businesses. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Public statements

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