16+ hour, 41+ min ago  (205+ words) What the money bought Where the value actually is The trouble is that designing the molecule was never the expensive part. The roughly $2. 6 billion it takes to bring a single drug to market is dominated not by discovery but by…...

1+ day, 17+ hour ago  (411+ words) Javaid Sofi is a researcher at Virginia Tech. His work spans AI governance, technology competition, and health systems. Think about what "swap one model for another" does to the price of a model. If a buyer can replace your product…...

2+ day, 7+ hour ago  (307+ words) In new research, Vishavdeep Sharma and Krishnendu Ghosh Dastidar analyze corporate corruption through the lens of market competition. Firms often bribe officials to block rivals from entering their markets, and their incentive to do so depends less on how competitive…...

3+ day, 19+ hour ago  (331+ words) Max von Thun'is the Director of Open Markets Institute Europe. He leads Open Markets" research and advocacy work in Europe, with a focus on identifying the policies needed to build an open, resilient, and democratic European economy. Claire Lavin is…...

1+ week, 1+ day ago  (837+ words) In new research, Grace Fan, Trung Nguyen, and Xi Wu show how improvements in government data transparency and disclosure through the public rollout of the Environmental Protection Agency's Environmental Justice Screening and Mapping Tool enabled civil society to identify and…...

1+ week, 1+ day ago  (280+ words) Jiehang Yu is a Ph D Candidate in the Accounting Division of Columbia Business School. In new research, Wei Cai, Andrea Prat, and Jiehang Yu evaluate how mergers affect employee satisfaction. They find that acquired firms report a decline in…...

2+ week, 18+ hour ago  (288+ words) The 1930s were a difficult time for classical liberals. In response to the Great Depression, the federal government undertook a massive expansion of its role in the economy. Henry Simons was passionate in his view that a new defense of liberal…...

1+ week, 6+ day ago  (540+ words) Xiao Dong is an economist at the Federal Trade Commission, where he has worked on numerous antitrust cases. He previously worked as a research agricultural economist at the U. S. Department of Agriculture. Xiao conducts research on a variety of topics in…...

2+ week, 1+ day ago  (391+ words) Magnus Lodefalk is an associate professor of economics at "rebro University and the Ratio Institute, where he initiated and co-leads the AI-Econ Lab and co-leads the WASP-HS research cluster "AI, Structural Change, and the Future of Work." Lydia L'thman is…...

2+ week, 2+ day ago  (325+ words) Milton Friedman (1912-2006) was one of the most prominent and influential economists of the twentieth century. From 1946 to 1977, he was the leader, along with George Stigler, of the University of Chicago's Chicago School of Economics, which was known for free-market price…...