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The Return of FDI

…if consumption expenditures increase. FDI may have rebounded from its downturn in 2020, but the increase in investment flows has been distributed unevenly. Part of the unequal allocation is due…

Rationing Paxlovid based on race and ethnicity

…a risk factor for severe illness.  Race/ethnicity thus has a modest role in allocation decisions.  A 75-year-old unvaccinated Black woman would be placed into the same risk category as a…

Ezra Klein on ARPA-H

…attention of the main committee. The controls are partly budgetary (partly deciding on intramural resource allocation in a way vaguely along the line of extramural peer reviewed grants. They are…