Ed Kong @edkong
MD/PhD student in economics @HarvardEcon, @harvardMed, and @HarvardMITmdphd. Originally @Yale BME/Econ. Researching health care markets. scholar.harvard.edu/ekong Cambridge, MA Joined March 2009-
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🚨 What happens when the gov't cuts prices on medical technologies? New research (w/ @YunanJi) finds a 61% price cut led to: 75% drop in innovation (may fully offset savings) 49% fewer new firms 28% more production moved overseas 3x repair/replacement rate 🧵(1/n)
Truly an honor to have had the chance to write this paper with @AMostaghimi
Truly an honor to have had the chance to write this paper with @AMostaghimi
Not too much goin' on today, so I thought I'd tell you about a new paper just published in @NEJMEvidence, w/ @metrics52, @carolxmgao, and @rwyeh We explain why instrumental variable (IV) methods are essential for randomized trials of medical interventions that fail to play out…
Office space for 2 grad students
The best study I know estimates that each dollar of NIH spending generates $1.40-$2.80 in value counting *only the private return from drugs*, ignoring consumer surplus, med devices, public health, behavioral science, etc...
Why we can’t defund science
Why we can’t defund science
Every synthetic biologist, every biochemist, when they dream, will sometimes hear a voice calling A whisper on the wind, as impossible as infinity, as sweet as the ambrosia of the very Gods "Engineer RuBisCo" And this paper takes us one step closer nature.com/articles/s4158…
Bird flu speedrun
Demand curves sloping down once again undefeated
Demand curves sloping down once again undefeated
TFP be like

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