4 ms·
I disagree. FDA have set guidelines for clinical trials and moral standards to it. For an example you cannot experiment on a person without their consent and yo
by anthony_doan 7y ago
I disagree. FDA have set guidelines for clinical trials and moral standards to it. For an example you cannot experiment on a person without their consent and you have to state out what your trials is doing. It all lay out. It's because of Tuskegee syphilis experiment that we have IRB and FDA.
FDA also love stating that they prevented a drug that causes birth defect a while back unlike Britain.
Another example of government regulation working is cars. Death relating to car crashes have fallen every year with safety regulations.
It's not perfect but there are many cases that it works and there are laws and rules set in place.
The free market is not the panacea for everything.
- will4274 7y agoFalling car crash rates don't prove regulation is successful. Consumers shop for safety too. It's difficult to compare the counterfactual, but to make this claim, you need to at least compare the rate of change of crashes in unregulated countries or times to regulated countries or times.
- kube-system 7y agoFor both auto safety and pharmaceutical safety there is a large degree of consumer information disparity, information unavailability, and disincentive for the individual to protect the public interest. It takes a lot of resources to test those products, and consumers don't really have the resources to do it themselves. In some cases, insurers could possibly foot the bill (eg. IIHS), but that model still has a couple of big weaknesses: consumers may not be informed enough to parse the results, consumers might prioritize short-term needs over public health, and an insurance body may still have some incentives working against public benefit. Things like truck under-ride guards likely wouldn't be on commercial trucks if they weren't regulated. Consumers aren't going to all voluntarily coordinate to buy vehicles which have crash-compatible bumper heights. Antibiotic misuse would be even more out of control if it weren't regulated. Mexico is a good example for road regulations. They do not have the same crash regulations as the US, and many old model vehicles are still legal for sale there. Things like the 1950's VW Beetle were still sold there into the 2000s. They have the highest death rate per distance traveled in the world.
- sseveran 7y agoThe Tuskegee syphilis experiment was run by US Public Health Service which is currently part of the HHS. The FDA was founded in 1906, although it has earlier origins, which is well before the study was begun.