How many stupid, outrageous, maddening government failures can you document in just 500 words? Jim Doti and my former colleague Laurence Iannaccone should win a prize for this piece in the WSJ: …the U.S. is, by far, the world’s largest producer of alcohol. That distinction is a result of the Energy Policy Act of 2005, […]

The post World’s Largest Producer of Rubbing Alcohol Can’t Manufacturer Hand Sanitizer appeared first on Marginal REVOLUTION.

Environmental News  FOR IMMEDIATE RELEASE

Drägerwerk is a world leader in the production of ventilators. In an interview, company head Stefan Dräger, 57, discusses the challenges of keeping up with current demand as the corona crisis accelerates.

We study the trade-offs faced by Internet Service Providers (ISPs) that serve as platforms through which consumers access both television and internet services. As online streaming video improves, these providers may respond by attempting to steer consumers away from streaming video toward their own TV services, or by attempting to capture surplus from this improved internet content. We augment the standard mixed bundling model to demonstrate the trade-offs the ISP faces when dealing with streaming video, and we show how these trade-offs change with the pricing options available to the ISP. Next, we use unique household-level panel data and the introduction of usage-based pricing (UBP) in a subset of markets to measure consumers' responses and to evaluate quantitatively the ISP's trade-offs. We find that the introduction of UBP led consumers to upgrade their internet service plans and lower overall internet usage. Our findings suggest that while steering consumers towards TV services is possible, it is likely costly for the ISP and therefore unlikely to be profitable. This is especially true if the ISP can offer rich pricing menus that allow it to capture some of the surplus generated by a better internet service. The results suggest that policies like UBP can increase ISPs' incentive to maintain open access to new internet content.

Innovation policy involves trading off monopoly output and pricing in the short run in exchange for incentives for firms to develop new products in the future. While existing research demonstrates that expected profits fuel R&D investments, little is known about the novelty of the projects funded by these investments. Relying on data that describe the scientific approaches used by a large sample of experimental drug projects, we expand on this literature by examining the scientific novelty of pharmaceutical R&D investments following the creation of the Medicare Part D program. We find little evidence that the positive demand shock implied by this program prompted firms to undertake scientifically novel R&D activity, as measured by whether the specific scientific approach had been used before. However, we find some evidence that firms invested in products involving novel combinations of scientific approaches. These estimates can inform economists and policymakers assessing the tradeoffs associated with marginal changes in commercial returns from newly developed pharmaceutical products.

We show that trade credit in production networks is important for the transmission of unconventional monetary policy. We find that firms with bonds eligible for purchase under the European Central Bank’s Corporate Sector Purchase Program act as financial intermediaries and extend more trade credit to their customers. The increase in trade credit flows is more pronounced from core countries to periphery countries and towards financially constrained customers. Customers increase investment and employment in response to the additional financing, while suppliers with eligible bonds increase their customer base, potentially favoring upstream industry concentration. Our findings suggest that the trade credit channel of monetary policy produces heterogeneous effects on regions, industries, and firms.

Coca-Cola European Partners is issuing precautionary advice for opening Coca-Cola Original Taste 1.5 litre PET bottles because the bottles may have damaged neck rings which means that the bottle mi

Manu Tuilagi may well end his international career away from England.

ABOUT US OTG Group began with the idea that grouping food vendors together could create an experience that would allow neighbors, friends, and families to connect. Since then, OTG's products have worked hard to develop services that change the way that people think about going out. Off the G

Borla Performance is seeking a talented, experienced and highly motivated Manufacturing Engineer for our Johnson City, TN location. The ideal candidate will have these responsibilities: Implement methodologies to reduce waste and improve work force utilization Develop process flows, assembly meth

Evaluates and develops manufacturing processes by designing and conducting research programs and applying knowledge of product design, fabrication, assembly, tooling, and materials; conferring with equipment vendors; and soliciting observations from operators. The Manufacturing Engineer improves man

William Edouard Scott and John Wesley Hardrick both studied under famed Impressionist painter Otto Stark at Manual High School.

Like the Kennedy Center Honors, the gallery’s gala has turned into a red-carpet affair.

President Juan Manuel Santos of Colombia has been voted the winner of this year’s Chatham House Prize.

The Government today announced the mechanism for Hong Kong enterprises with manufacturing operations in the Mainland to apply for exemption from the compulsory quarantine arrangement. 

It said the Trade & Industry Department has started processing applications.

The Chief Secretary may designate anybody or category of people for exemption from quarantine if their travelling is necessary for purposes relating to manufacturing operations in the interest of Hong Kong's economic development.

With effect from May 4, the Chief Secretary has exempted two categories of people from the quarantine arrangement.

They include owners of Hong Kong enterprises with a valid business registration certificate and with manufacturing operations in the Mainland and up to one person employed and authorised by the enterprise, as well as up to two people employed and authorised by such an enterprise.

Exempted people must only travel to and stay in the city where the Mainland factory of their Hong Kong enterprise's manufacturing operations is located and must take every precautionary measure to ensure personal hygiene and avoid unnecessary social contact. 

After returning to Hong Kong, they will be subject to medical surveillance arranged by the Department of Health during their stay in Hong Kong and will be required to wear masks and have their body temperatures checked daily.

They will also have to report any discomfort to the Department of Health.

Click here for more information.

Alma L. Burlingame
Apr 1, 2020; 19:571-571
Editorial

Luigi Uccioli
Oct 1, 1995; 18:1376-1378
Short Report

A manuscript authored by the American Dental Association Science & Research Institute and Council on Scientific Affairs won the 2020 William J. Gies Award in clinical research from the American and International Associations for Dental Research.

Rentzenbrink, Cathy -- Family.

Tʻoros Ṛoslin, active 13th century.

U.S. Secretary of Education Betsy DeVos will hold a workforce event at a South Carolina drug manufacturer that employs hundreds of cash-strapped teachers in second jobs.

Edinburgh : MacLachlan and Stewart, 1870.

London : Rebman, 1910.

London : Rebman, 1903.

Wien : W. Braumuller, 1888.

Wien : W. Braumuller, 1895.

Wien : L.W. Seidel, 1875.

Berlin : A. Hirschwald, 1885.

London : Smith, Elder, 1881.

Edinburgi : Excudebant Balfour et Smellie, 1782.

Paris : G. Steinheil, 1891.

Paris : Société d’éditions scientifiques, 1893.

Dublin : printed for Hodges and Smith, 1831.

Rockville, Maryland : National Institute on Drug Abuse, 1978.

Rockville, Maryland : National Institute on Drug Abuse, 1977.

A free manuscripts workshop for PhD students at Wellcome Collection, 01 June 2018 Engaging with an artefact from the past is often a powerful experience, eliciting emotional and sensory, as well as analytical, responses. Researchers in the library at Wellcome… Continue reading