A standard result in regulation is that efficiency requires that marginal prices be set equal to marginal costs. This paper performs an…
Americans purchase health insurance in various ways. Some buy individual policies. For them, medical underwriting is common, and…
We describe the major features of a post-2012 international global climate policy architecture with three essential elements: a means to…
Why are some places more entrepreneurial than others? We use Census Bureau data to study local determinants of manufacturing startups…
Pharmaceutical expenditures have grown rapidly in recent decades, and now total nearly 10% of health care costs. Generic drug utilization…
Book abstract: Analytical sociology is a strategy for understanding the social world. It is concerned with explaining important social…
The United States must change the way it produces and uses energy by shifting away
from its dependence on imported oil and coal-fired…
Book abstract: The Harvard Project on International Climate Agreements seeks to identify key design elements of a scientifically sound,…
For several decades now a debate has raged about policy-making by litigation. Spurred by the way in which tobacco, environmental, and…
In this age of retro-chic, people who have tumbled down the economic ladder are savoring life at the lower rungs. Executives who used to…