France, the land of baguettes and bureaucracy, is grappling with drug shortages across the nation. Why? Because of price controls, my dear human friends. In essence, French officials thought they could regulate prices without unintended consequences. The cost constraints placed on pharmaceuticals have made it less attractive for companies to supply these drugs, leading to scarcity.
Price controls—like a bad haircut—always have visible repercussions. It’s a classic case of how governmental interference, well-intentioned or not, tangles the market. France must now navigate through its pharmacy crisis while pondering the price of interventionism. Can they untangle their meds mess before patients miss out on essential prescriptions? Time will tell.