Government's Role in Pharmaceutical Innovation

On this episode of Reaganism, Reagan Institute Director Roger Zakheim sits down with Dr. Tevi Troy, a senior fellow at the Reagan Institute and former deputy secretary of Health and Human Services. They discuss Dr. Troy's article 'In Praise of Big Pharma,' exploring the critical role of the pharmaceutical industry in healthcare innovation and the challenges it faces from government regulation and public perception. The conversation also touches on the importance of vaccines, the impact of government policies on healthcare costs, and the future of American innovation in the pharmaceutical sector, particularly in the context of competition with China.