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You searched for: label/principal-agent problem

Ezra Klein on ARPA-H

…common to have agents which work in a test tube but not in a person. Modifying a molecule so that it is absorbed, not immediately excreted, has mild as possible…

The Coup

…money, the mother’s milk of politics, was never a problem for the Republican Party. With money and media, they could manipulate the manipulables; no problem. To effect the capture of…