12 April 2005, erasmuse@indiana.edu, G406, chapter 24 patents

 The 10 most dangerous jobs
OccupationFatalities per 100,000
Timber cutters117.8
Fishers71.1
Pilots and navigators69.8
Structural metal workers58.2
Drivers-sales workers 37.9
Roofers37
Electrical power installers32.5
Farm occupations28
Construction laborers27.7
Truck drivers25
Source: Bureau of Labor Statistics; survey of occupations with minimum 30 fatalities and 45,000 workers in 2002

 On-the-job killers
Type of incident2002 deaths
Aircraft accidents192
Caught in running equipment110
Drowning60
Electrocution 289
Exposure to substances98
Falls from ladder126
Falls from roof143
Fires/explosions165
Highway collisions635
Assaults/violence840
Jackknifed or overturned truck312
Overturned farm/industrial equipment164
Struck by falling/flying object506
Struck by vehicle356
Suicides199

TOPICS LAST TIME

1. Fishermen: fishermen deliberately accept risk in exchange for higher profits.

2. Eli Lilly and Failure: Lilly expects failure, but hopes for big profits from patents in the rare cases when its scientists are successful.

3. How to Regulate Drug Innovation:
(a) Patents
(b) Prizes--- lump sum or per pill sold
(c) Price floors
(d) Subsidies to research-- direct, or via tax breaks
(e) Government production (NIH labs)
(f) Research grants to universities and nonprofits.