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wp8o8r53gjDate: Wednesday, 2014-02-05, 8:53 AM | Message # 1
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t their seats because they were so excited about the new issue and just lost their way en route to the alumni building. This issues cover story, entitled How They Got In, gives a look at Stanfords admissions process from an alumni perspective. Because its an alumni magazine, the article spends considerable time ing legacy admissions 锟紺 the preferential treatment of applicants whose parents or other family members attended the school. I believe legacy admissions are generally terrible practice 锟紺 but, viewed counterintuitively, they might actually be a good thing for society at large. Anyone who has spen
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y appealing part of a prize is the opportunity to stick foreign consumers with their fair of the global bill for drug development. Right now, the U.S. strategy for getting foreign countries to bear a proportional of drug research costs is to politely ask governments to allow unregulated monopoly prices we have here in the U.S. The foreign response, typically, is to slap price controls on the drugs, ensuring their people get the drugs cheap. nature, economists hate price controls. Price controls reduce the incentive to innovate, and that is absolutely deadly, says George Mason professor Alex Tabarrok,
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S., forced brokers across the Continent to route transactions to exchanges with the best price. Those rules took hold in November , but trading has only started to pick up as new electronic exchanges seek to siphon off trades posting prices faster. Computerized trading锟紺much of it kicked into gear algorithmic programs designed to cut large orders into tiny slices to find the best prices see Stealth Trading锟紺now accounts for more than half the volume on U.S. exchanges. With OMX Nasdaq also got a sophisticated optionstrading platform. Greifeld aims to use that system to push the Philly operations, now the
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