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It's worth considering that UL certification is an example of what happens when government doesn't regulate - it evolved initially as an entirely free-market me
by glenra 12y ago
It's worth considering that UL certification is an example of what happens when government doesn't regulate - it evolved initially as an entirely free-market mechanism to solve a real problem that regulators hadn't addressed. Get rid of the FDA and something kind of like the UL would probably spring up to replace it. But without the coercion, people would have the option to ignore it when they really need to.
Incidentally, some "snake oil" actually works:
http://www.scientificamerican.com/article/snake-oil-salesmen-knew-something/ http://www.scientificamerican.com/article/snake-oil-salesmen...