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by roc
4825 days ago
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> "Why shouldn't we live in a free society where the best within us can make a difference, and take humanity forward?" Our free society lived with the alternative. And they collectively decided "the right to be defrauded is a false liberty, this is no the way forward, let us try another way." And you know what? We've moved further forward, faster since these regulations were put into place. When people have trust that they're not being defrauded, they participate in the market to a far higher degree. When companies don't have to compete against charlatans, don't have to balance every dollar of research with a dollar of trying to educate the public about what is and what is not medically sound, they invest far more into their research efforts. |
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All the drugs that turned out to be dangerous over the last few decades and had to be withdrawn spring easily to mind, but how many people know about the deaths of the people whose heart attacks could have been prevented if the FDA had allowed the first beta blockers at the same time as they came into use in the rest of the developed world? Not many, despite the death toll of the later dwarfing all the former combined.