We analyze the effects on consumers of an extreme policy experiment -- Napsterizing' pharmaceuticals -- whereby all patent rights on branded prescription drugs are eliminated for both existing and future prescription drugs without compensation to the patent holders. The question of whether this...

Executive Summary -- 1. Introduction and Overview -- Background -- Causes of the Insolvency Crisis -- Key Issues and the Structure of this Report -- 2. The Timeliness of Regulatory Action -- The Sources of Growth in the Net Deficit -- Methods to Control the Present Value of FSLIC Liabilities --...