[Ip-health] Economist Tyler Cowen Supports Prizes for Medical Innovation

[Ben Krohmal]

Cowen is a=A0fairly prominent public intellectual/economist and writes
on economics for the NY Times.

Point #3 in Cowen's 14 point proposal for US health care reform is:

"3. Boost subsidies to medical R&D by more than the Obama plan will
do.=A0 Establish lucrative prizes for major breakthroughs and if need be
consider patent auctions to liberate beneficial ideas from P > MC."

http://www.marginalrevolution.com/marginalrevolution/2009/11/what-should-we=
-do-instead-of-the-health-reform-bill.html