Why America's race to import European price controls for prescription drugs is folly

Life expectancy has creeped up to near 80 years old in the United States. For women, it’s already almost 82. Those 85 and over are the fastest-growing sector of the population — jumping from about 100,000 in 1900 to 5.5 million in 2010. 

Moreover, the longer you have lived, the ...