Showing 9 of 231 Publications in Innovation & the New Economy

The Perils of Paternalism

TOTM According to Bar None, an op-ed by Jack Turner in today’s NYT, “history shows that, however commendable the reasoning, efforts to control how people drink . . .

According to Bar None, an op-ed by Jack Turner in today’s NYT, “history shows that, however commendable the reasoning, efforts to control how people drink — or eat, or smoke — tend to backfire.” I’ve made a similar argument in discussing smoking bans.

Read the full piece here.

Continue reading
Innovation & the New Economy

Kidney Donors to be Compensated in Israel

TOTM A Jerusalem District Court has ruled that kidney donors will receive compensation (about $13-14K in US dollars) from HMOs for transplant expenses. Read the full . . .

A Jerusalem District Court has ruled that kidney donors will receive compensation (about $13-14K in US dollars) from HMOs for transplant expenses.

Read the full piece here.

Continue reading
Innovation & the New Economy

Organ Markets, Social Justice, and the Poor: A Reply to Professor Pasquale

TOTM Frank Pasquale at Madisonian is concerned that organ markets do not show enough concern for the poor. He writes… Read the full piece here.

Frank Pasquale at Madisonian is concerned that organ markets do not show enough concern for the poor. He writes…

Read the full piece here.

Continue reading
Innovation & the New Economy

Alternative Fuels: Let Markets, Not Government, Decide.

TOTM It’s a strange day when the New York Times advocates corporate tax breaks. It’s an even stranger day when I dissent from that recommendation. Well, . . .

It’s a strange day when the New York Times advocates corporate tax breaks. It’s an even stranger day when I dissent from that recommendation. Well, today must be a strange day indeed, for they did, and I must.

Read the full piece here.

Continue reading
Innovation & the New Economy

NYT on Preserving the Purity of the Organic Club

TOTM The New York Times is worried about Wal-Mart’s plan to sell organic food. One would think that fans of organic would be happy about this . . .

The New York Times is worried about Wal-Mart’s plan to sell organic food. One would think that fans of organic would be happy about this development. It means that organic products will be available more cheaply at Wal-Mart, which is planning to sell organic products for just 10% more than conventionally grown food, and it’s almost certain to lower organic food prices elsewhere. First, competition with Wal-Mart will lower prices. In addition, Wal-Mart’s entry into the organic sector will expand organic production, thereby permitting producers to achieve greater economies of scale.

Read the full piece here.

Continue reading
Innovation & the New Economy

Want to Boost Domestic Oil Production? Give ANWR to the Greens.

TOTM There have been some pretty stupid ideas floating around about how to deal with this purported gasoline crisis we’re experiencing. (See, e.g., here.) Here’s one . . .

There have been some pretty stupid ideas floating around about how to deal with this purported gasoline crisis we’re experiencing. (See, e.g., here.) Here’s one that might sound crazy at first, but is, I submit, crazy like a fox.

Read the full piece here.

Continue reading
Innovation & the New Economy

Dirty Coal’s Rent-Seeking Pays Off

TOTM Today’s Heard on the Street column in the W$J reports that utilities are moving away from low-sulfur coal in favor of the dirtier, high-sulfur variety. . . .

Today’s Heard on the Street column in the W$J reports that utilities are moving away from low-sulfur coal in favor of the dirtier, high-sulfur variety. This might seem odd, given that the Clean Air Act operates on sort of a “ratchet” principle — i.e., when air quality improves, degradation is generally forbidden. One might expect that, absent some change in relative prices, the trend would always be toward cleaner-burning fuels.

Read the full piece here.

Continue reading
Innovation & the New Economy

The Ethicist strikes again

TOTM One of my students brought to my attention this pearl of wisdom from (what appears to be this week’s forthcoming) The Ethicist column in the . . .

One of my students brought to my attention this pearl of wisdom from (what appears to be this week’s forthcoming) The Ethicist column in the NYT…

Read the full piece here.

Continue reading
Innovation & the New Economy

Making markets seem thicker

TOTM The Internet (read: inexpensive information dissemination) comes to the notoriously informationally-challenged housing market. The WSJ reports on a new website, zillow.com, which, as the WSJ . . .

The Internet (read: inexpensive information dissemination) comes to the notoriously informationally-challenged housing market. The WSJ reports on a new website, zillow.com, which, as the WSJ says…

Read the full piece here.

Continue reading
Innovation & the New Economy