In Milton Keynes

                                                           But go with speed, And what thy stores contain, bring forth and pour Abundance, fit to honor and receive Our Heav’nly stranger; well we may afford Our givers thir own gifts, and large bestow From large bestow’d, where Nature multiplies Her fertile growth, and by disburd’ning grows More fruitful, which instructs us not to […]

Pay for Delay

I have been following the debate in the pages of Antitrust between two groups of distinguished economists about “pay for delay”, which is when a branded drug maker pays a generic drug maker to delay entry into the market.   The question is how much pay for delay do you need before you can conclude […]

Public Reason

Hughes notes at Paradise Lost : IV : 389: “public reason: reason of state, a perversion of the Ciceronian principle . . . that the good of the people is the supreme law . . . Henry Parker approved its use by Parliament and condemned the Royalists for too frequent appeals to it.” Milton writes: […]