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“The economists Pesanko, Drenov, and Garthwaite in 2016…” — Cato Audio at 50:28

“The economists Pesanko, Drenov, and Garthwaite in 2016 looked at oncology drugs and concluded that Medicare Part D might have allowed firms to capture more value than their products created. That's another way of saying we might be over here in this zone where the prices are too high and we're getting excessive…”

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