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  1. Wall Street Journal Letter to the Editor

    Mr. Henderson notes Paul M. Romer’s ideas relating the structure of incentives to innovation using the profoundly crucial role patent policy has played in pharmaceutical innovation. But in the 21st century governments have countered the otherwise positive impact of patents with all manner of pharmaceutical price controls.
  2. Wall Street Journal Letter to the Editor

    Yannis Palaiologos’s “Greece’s Bailout Ends, but Prospects Still Grim” (op-ed, Aug. 20) doesn’t have to be prophesy if Greece continues the more profound change of aligning 20th century public policy and social and economic institutions to 21st century age demography.

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