It might be that medical research by private companies is not the best: but government research would face its own set of incentive problems too. Might even be worse.
Why is that so many people think the New Deal "worked" when at least half of economists think it didn't?
How the world has changed now that the political regime is about to.
So, can the US actually afford the Keynesian stimulus being talked of?
More evidence that the SEC really should have cottoned on to Madoff before he confessed.
If you'd like to understand what is really going on with Russia, the Ukraine and gas supplies....