Showing 9 of 231 Publications in Innovation & the New Economy

After O-Levels, the Choice of Subjects Isn’t Always Straightforward

Popular Media Come Thursday (Jan 11), students will receive their 2023 GCE O-Level examination results. The stress over performance can take on a slightly different dimension at this . . .

Come Thursday (Jan 11), students will receive their 2023 GCE O-Level examination results.

The stress over performance can take on a slightly different dimension at this juncture – on the one hand, there is a greater range of education options from the academic to the practical-oriented; on the other, teenagers will have to start thinking ahead to university and even career possibilities.

As educators, we are often asked by students for advice. In particular, those keen on pursuing the more academic A-Level route seek help deciding which subjects they should take at the Higher 2 (H2) level.

Our short answer tends to be a pragmatic question: Think ahead – what would you like to study at university? Take subjects that open those doors for you.

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Innovation & the New Economy

Oncology Drives Most Recent Accelerated Approvals

TOTM In my most recent post on medicine approvals I explored how the HIV/AIDS crisis drove a reevaluation of what was truly essential to demonstrate a new drug’s . . .

In my most recent post on medicine approvals I explored how the HIV/AIDS crisis drove a reevaluation of what was truly essential to demonstrate a new drug’s efficacy. Allowing HIV patients to take investigational treatments meant that research into rarer conditions—which previously would never have been profitable—might now be financially worthwhile.

This post estimates the benefits of accelerated approval and how oncology medicines have become the treatment category with the most accelerated approvals.

Read the full piece here.

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Innovation & the New Economy

ICLE Files Amicus in NetChoice Social-Media Regulation Cases

TOTM Through our excellent counsel at Yetter Coleman LLP, the International Center for Law & Economics (ICLE ) filed an amicus brief with the U.S. Supreme Court in . . .

Through our excellent counsel at Yetter Coleman LLP, the International Center for Law & Economics (ICLE ) filed an amicus brief with the U.S. Supreme Court in the Moody v. NetChoice and NetChoice v. Paxton cases. In it, we argue that the First Amendment’s protection of the “marketplace of ideas” requires allowing private actors—like social-media companies—to set speech policies for their own private property. Social-media companies are best-placed to balance the speech interests of their users, a process that requires considering both the benefits and harms of various kinds of speech. Moreover, the First Amendment protects their ability to do so, free from government intrusion, even if the intrusion is justified by an attempt to identify social media as common carriers.

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Innovation & the New Economy

Predictably, the Rush to Electric Cars Is Imploding

Popular Media My appreciation for our freedom of movement was re-ignited recently when I finished up an engine swap into my rare-but-not-collectable 1995 Ford Thunderbird. It had . . .

My appreciation for our freedom of movement was re-ignited recently when I finished up an engine swap into my rare-but-not-collectable 1995 Ford Thunderbird. It had blown a head gasket and had far more than 200,000 miles on it, so in went a junkyard-fresh 4.6L V8 with only 40,000 miles on the clock, or so said the yard I bought it from.

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Innovation & the New Economy

The US Workforce Is Thriving Despite Misguided Labor Laws

Popular Media When my family and I moved to rural America from Armenia in the mid-1990s, we found that it stood true to its reputation as the . . .

When my family and I moved to rural America from Armenia in the mid-1990s, we found that it stood true to its reputation as the land of opportunity and abundance. Work was readily available, and my parents also found opportunities to pursue other sources of income through self-employment, contracting and starting their own businesses.

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Innovation & the New Economy

A Brief History of the US Drug Approval Process, and the Birth of Accelerated Approval

TOTM This is the second post about the U.S. drug-approval process; the first post is here. It will explore how the Food and Drug Administration (FDA) arose, . . .

This is the second post about the U.S. drug-approval process; the first post is here. It will explore how the Food and Drug Administration (FDA) arose, how disasters drove its expansion and regulatory oversight, and how the epidemic of the human immunodeficiency virus (HIV) changed the approval processes.

Read the full piece here.

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Innovation & the New Economy

Making Sure New Medicines Are Safe, Effective, and Approved Quickly: A Theoretical Approach

TOTM This is the first in what will be a series of posts discussing how new medicines are introduced and regulated in the United States, and . . .

This is the first in what will be a series of posts discussing how new medicines are introduced and regulated in the United States, and how the status quo could be improved. As will be established over the course of the series, the current system is slow and leads to poor outcomes for patients.

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Innovation & the New Economy

Amazon-Meta Ads Deal: Could It Happen Here?

Popular Media Reading comments (Ben Thompson, Eric Seufert) on the Meta-Amazon deal to let “shoppers buy Amazon products directly from ads on Instagram and Facebook” (Bloomberg) made me . . .

Reading comments (Ben ThompsonEric Seufert) on the Meta-Amazon deal to let “shoppers buy Amazon products directly from ads on Instagram and Facebook” (Bloomberg) made me think: could it happen here (in the EU)? Would EU law block it? I don’t think so. Still, given that the deal means “more data for Meta” (and Amazon), we’ll likely see some knee-jerk critical reactions. So, I thought it would be interesting to think through this question. (To be clear: this is not a full legal analysis, just my quick thoughts).

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Innovation & the New Economy

Amazon’s Court Case Against Mandated Advertising Transparency and More

Popular Media Amazon against the DSA ad database duty: The new Digital Services Act (DSA) includes a duty for very large online platforms (VLOPs) to “compile and make . . .

Amazon against the DSA ad database duty: The new Digital Services Act (DSA) includes a duty for very large online platforms (VLOPs) to “compile and make publicly available an advertisement repository.” Amazon challenged this duty before the EU’s General Court, which made a preliminary decision to temporarily suspend the application of that duty to Amazon.

Read the full piece here.

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Innovation & the New Economy