{"id":2513,"date":"2020-01-27T17:40:57","date_gmt":"2020-01-27T22:40:57","guid":{"rendered":"http:\/\/sites.williams.edu\/cdealumniresources\/?p=2513"},"modified":"2020-01-27T17:44:19","modified_gmt":"2020-01-27T22:44:19","slug":"blog-two-bright-ideas-to-reduce-drug-prices","status":"publish","type":"post","link":"https:\/\/sites.williams.edu\/cdealumniresources\/content-type\/blog-two-bright-ideas-to-reduce-drug-prices\/","title":{"rendered":"Blog: &#8220;Two Bright Ideas to Reduce Drug Prices&#8221;"},"content":{"rendered":"<h1>\n\t\t<a href=\"https:\/\/www.independent.org\/news\/article.asp?id=423\" title=\"&quot;Two Bright Ideas to Reduce Drug Prices&quot;\" target=\"_blank\" rel=\"noopener noreferrer\">\n\t\t&#8220;Two Bright Ideas to Reduce Drug Prices&#8221;\n\t\t<\/a>\n\t<\/h1>\n<h3>\n\t\tArticle by Alex Tabarrok\n\t<\/h3>\n<h5>\n\t\t<a href=\"https:\/\/unsplash.com\/license\" title=\"Unsplash.com\" target=\"_blank\" rel=\"noopener noreferrer\">\n\t\tUnsplash.com\n\t\t<\/a>\n\t<\/h5>\n\t<strong>Originally posted on June 24, 2002<br \/>\n<\/strong>\n<p>&nbsp;<\/p>\n<p>In this commentary, Alex Tabarrok of George Mason comments on an idea to introduce innovation and reduce the cost of drugs. Pulling from a paper by Michael Kremer, he outlines the reasoning behind patent buyouts and how they could be used effectively to help put good ideas in the hands of the public.<\/p>\n\t\t\t<a href=\"https:\/\/www.independent.org\/news\/article.asp?id=423\" target=\"_blank\" role=\"button\" rel=\"noopener noreferrer\">\n\t\t\t\t\t\t\tRead the post\n\t\t\t<\/a>\n\t<p><strong>Related Content:<\/strong><\/p>\n<p><a href=\"http:\/\/sites.williams.edu\/cdealumniresources\/browse-by-content-type\/full-article-patent-buyouts-a-mechanism-for-encouraging-innovation\/\">Michael Kremer&#8217;s paper on patent buyouts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this commentary, Alex Tabarrok of George Mason responds to an idea to introduce innovation and reduce the cost of drugs: patent buyouts.<\/p>\n","protected":false},"author":2197,"featured_media":2422,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"tpl-full-width.php","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[61,60,95,96,89,102],"tags":[105,549,577,547],"class_list":["post-2513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blogs","category-content-type","category-governance-institutions-and-political-economy-research","category-health-browse-by-research-topic","category-browse-by-research-topic","category-technology-and-innovation-browse-by-research-topic","tag-health","tag-patent-buyouts","tag-patents","tag-technology-and-innovation"],"acf":[],"_links":{"self":[{"href":"https:\/\/sites.williams.edu\/cdealumniresources\/wp-json\/wp\/v2\/posts\/2513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sites.williams.edu\/cdealumniresources\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sites.williams.edu\/cdealumniresources\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sites.williams.edu\/cdealumniresources\/wp-json\/wp\/v2\/users\/2197"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.williams.edu\/cdealumniresources\/wp-json\/wp\/v2\/comments?post=2513"}],"version-history":[{"count":3,"href":"https:\/\/sites.williams.edu\/cdealumniresources\/wp-json\/wp\/v2\/posts\/2513\/revisions"}],"predecessor-version":[{"id":2516,"href":"https:\/\/sites.williams.edu\/cdealumniresources\/wp-json\/wp\/v2\/posts\/2513\/revisions\/2516"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sites.williams.edu\/cdealumniresources\/wp-json\/wp\/v2\/media\/2422"}],"wp:attachment":[{"href":"https:\/\/sites.williams.edu\/cdealumniresources\/wp-json\/wp\/v2\/media?parent=2513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sites.williams.edu\/cdealumniresources\/wp-json\/wp\/v2\/categories?post=2513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sites.williams.edu\/cdealumniresources\/wp-json\/wp\/v2\/tags?post=2513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}