It seems puzzling at first: prescription drug prices in the United States continue to rise at an alarming rate, despite the threat (or promise) of competition from cheaper generic substitutes. But there really is no mystery. Pharmaceutical companies pay players throughout the health-care system to favor their more expensive drugs over lower-priced alternatives. And those who should be acting as watchdogs for patients are happy to go along
Venture funding for 3-D printing companies is on track for a record year, according to an analysis of deals conducted by VC database PitchBook for Forbes
KISUMU, KENYA – Opposition to abortion is so intense that even where women have the legal right to terminate their pregnancy, it can be extremely difficult to access the services needed to exercise that right. But, worse than that, opponents of abortion tend to ignore the failures that lead women to the point where they seek one in the first place
NEW YORK – The real effective exchange rate (REER) may sound arcane to non-economists, but it is one of the most important international financial indices. The REER is a summary index that tracks the difference in the prices of goods produced by a country and its trading partners. Other things being equal, an increase in a country’s REER indicates a loss of trade competitiveness. And rising current-account imbalances are often associated with deviations in the REER from equilibrium values
WASHINGTON, DC – When you try something for 99 years and the situation keeps getting worse, it is time to try something else. The United States Congress passed the Merchant Marine Act of 1920 (also known as the Jones Act) in order to protect America’s shipping industry and strengthen national security. But the law has almost destroyed the industry, and imposed huge costs on America’s businesses, consumers, and the environment. It needs to be sunk
When a deadline is approaching for submitting a project or assignment, many of my students (and managers around me) start wondering about effective time management. They ask how great achievers of our time, like Elon Musk and Jack Ma, can handle so many projects at once and effectively manage their precious time. My answer is that they use sophisticated scientific approaches to effective time management. Here are six essential steps for developing strategies for effective time management
We have all been there: You buy a jacket or pair of shoes online and they don’t fit or the color is all wrong. When you find the time, you head to the post office to drop off the item and then wait a few weeks for the refund to hit your bank account