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Category Archives: Setting Economic Priorities
Slowing Medical Innovation
Scott W. Atlas has the bad news. The CEO of one of the largest health-care companies in America recently told me that the device tax his company paid last year exceeded his company’s entire R&D budget. Already a long list … Continue reading
Government Accounting
Jason Delisle and Jason Richwine write, the government’s official method for estimating cost is incomplete. It fails to incorporate the cost of the market risk associated with expecting future loan repayments. So-called “fair-value accounting,” an accounting method favored by the … Continue reading
Scott Sumner on a Basic Income
He writes, The problem with simple solutions is that poor people are just like everyone else–they’re complicated. And they have complicated problems. That is why you do not want to try to solve poverty in a nation of 300 million … Continue reading
The Case for Replacing the FDA, Continued
Beth Simone Noveck writes, A study completed by the Boston Consulting Group points to a significant rise in the number of drugs and complex devices approved in the EU long before the United States. As devices get more complex, the … Continue reading
Joshua Gans on Apple Pay
He writes, This is why I think the resolution for the identification challenge is more significant. Last year, with the iPhone 5s, Apple finally got fingerprint recognition right. Last week I actually had to use a iPhone 5c for a … Continue reading
I Wish I Knew More About This
From Technology Review. Heimerl’s innovation comes in a gray box roughly the size of a microwave oven. It has solar panels on the outside to power cellular equipment inside, along with the software for management functions like billing and analytics. … Continue reading
Health Policy Proposals
From a RAND paper. The first five options would decrease costs and risks of inventing new products or obtaining regulatory approval for products that would advance our two policy goals. 1. enabling more creativity in funding basic science 2. offering … Continue reading
A Sentence to Ponder
From an article on the decline of risk-taking and creativity in scientific research funding. The average age to receive NIH research grants has gone from 38 in 1980 to 51 today.
Posted in Setting Economic Priorities
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Spectrum Price Discrimination Using Zero-rated Apps
The Washington Post reports, Apps and Web sites that don’t count against the users’ data plan are popping up both in the United States and abroad, often under names like Wikipedia Zero or Facebook Zero. Pointer from Tyler Cowen. If … Continue reading
A Classic Paper on Spectrum Property Rights
From Arthur S. DeVany and others. One possible way to take explicit account of the unpredictable variations in field strength is to devise a stochastic definition for the spectrum-use property rights. For example, an operator could be permitted to exceed … Continue reading
Posted in Setting Economic Priorities
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