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...is expected to be the biggest test yet of whether generic competition can serve its purpose of lowering steep drug prices in the US, or whether the oversized influence of the three biggest PBMs, whose powerful...
...The latest efforts to find a suitable dairy substitute go beyond almond and oat to pistachio and potato....
...The ploughman turning over the soil, burying weeds and presenting a fertile seedbed for next year’s crop, has been one of agriculture’s most powerful images for centuries....
...The smartphone is a powerful tool that most of us unthinkingly misuse many times a day, despite the fact that it is far less mysterious than a large language model like GPT-4....
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...Once again, there’s no substitute for trusting the farmer or butcher, though this is where assurance schemes have become incredibly useful....
...The kind of accountability that Wigdor promotes is not a perfect substitute for criminal prosecution. The suits he files — or threatens to — do not put dangerous people in prison....
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...However, there are powerful legal tools at your disposal if you are willing to make the investment. Lastly, if successful in your claim, you will still need to enforce your judgment....
...For example, within just a few decades we need to substitute our entire car fleet with electric vehicles, roll out huge numbers of batteries, and install enough renewable energy-generating machinery, and...
...Serendipity cannot substitute for strategy. And, as one industry executive is quoted as saying: “Without semiconductors, you’re nowheresville.”...
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...The best substitute for cash would be something also in short supply: proper policymaking competence....
...Another substitute was the franchise to collect duty on England’s hefty wool experts, advancing money upfront to the crown in return for future, recurring revenues....
...The other, probably the most often and most powerful sense of confidence comes from having done something similar before....
...“If I had to decide which to keep — coal or nuclear — in these times of crisis when we need something to substitute gas, I would always choose nuclear,” he said....
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...So let me start with two points of agreement: (i) clearly, as Darrell shows, such purchases can be a powerful tool when dealer capacity is strained; and (ii) one absolutely does not want to take such a tool...
...These are powerful legal tools but they don’t come cheap or with any guarantee of ultimate success....
...In fact, Goldman Sachs reckons oil now enjoys a revived and powerful “OPEC put” that will keep prices high....
...If it prompts a wholesale rethink, that in itself is a powerful legacy for ChatGPT....
...And global demand has become more inelastic because (among other reasons) transportation fuel, which has few substitutes, now makes up a greater share of total demand....
...Khan describes ChatGPT as the gateway to a “very powerful technology” that can be misused....
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