3 ms·
What a funny story. Most of it is completely disjointed from reality. But please, keep pushing for the free market fallacy. Lines such as: [the FDA only keep
by bozhark 4y ago
What a funny story.
Most of it is completely disjointed from reality.
But please, keep pushing for the free market fallacy.
Lines such as: [the FDA only keeps stuff off shelves!] is quite naive at best. That’s _exactly_ what the FDA was and is for.
This reads like a first year business kid trying to sound involved.
- reedjosh 4y ago> Lines such as: [the FDA only keeps stuff off shelves!] is quite naive at best. That’s _exactly_ what the FDA was and is for. Which I'm quite certain was the author's point. What's yours other than to mock the author?
- Arkanum 4y agoI think this is an unpleasantly complicated topic because: 1) The FDA does have glacially slow processes, that limit competition in markets, often keeping prices artificially high (see the US Insulin market), but 2) The FDA has a pretty good track record of stopping companies killing or seriously harming people [1], and baby formula companies don't have a great record...[0][2] [0] https://en.wikipedia.org/wiki/1977_Nestl%C3%A9_boycott https://en.wikipedia.org/wiki/1977_Nestl%C3%A9_boycott [1] https://en.wikipedia.org/wiki/Thalidomide https://en.wikipedia.org/wiki/Thalidomide - Its initial entry into the US market was prevented by Frances Kelsey, a reviewer at the FDA.[7] The birth defects caused by thalidomide led to the development of greater drug regulation and monitoring in many countries [2] https://en.wikipedia.org/wiki/2008_Chinese_milk_scandal https://en.wikipedia.org/wiki/2008_Chinese_milk_scandal