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Price Discrimination Or Tournaments Or What? How Can Drug Research Be Funded

Michael Giberson Over at Economic Principals, David Warsh writes about current debates in drug pricing, and raises some excellent questions for researchers interested in economic systems design. About half of Warsh’s column concerns differential pricing, and half concerns alternative ways to organize and pay for research. The problem with differential pricing, what economists typically call …

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Cotc For This Week

Lynne Kiesling This week’s Carnival of the Capitalists is at The Frozen North. I’ve been a bad citizen this summer, what with work and house and all, and have not been contributing and advertising as much as I should be. Not surprisingly, I particularly liked Tim Worstall’s post on oil prices. Tim also gives a …

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Me Too!

Lynne Kiesling Yeah, from me too. BTW, spent much of last week in Portland, Oregon, discussing how to move toward effective power markets in the Pacific Northwest. It was a great discussion, sponsored by Pacific Northwest National Laboratory. More later …

Where Are We Now? The Official Story

As a followup note to my Friday posting, the joint U.S.-Canadian Task Force has issued a new report, “The August 14, 2003 Blackout, One Year Later: Actions Taken in the United States and Canada to Reduce Blackout Risk.” I haven’t yet had a chance to read this update, but expect comments later in the week.

Where Are We Now? A Year After The August 14, 2003 Blackout

Michael Giberson A host of newspaper articles and essays mark the one year anniversary of the August 14, 2003 Blackout. On Thursday, August 12, the Cato Institute?s Peter Van Doren and Jerry Taylor argue against linking electric industry reform agendas to the blackout on the editorial page of the Wall Street Journal. The blackout resulted …

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