The FDA Can Be Dangerous to Your Health by Doug Bandow Doug Bandow is a Senior Fellow at the Cato Institute . This article was adapted from a forthcoming study for the Institute for Policy Innovation. A merican Medicine remains troubled.
Costs continue to rise, and access remains unduly restricted for some people.
One way the President and Congress could improve things would be to apply the principles of choice, competition, and deregulation to the markets for prescription drugs and medical devices. Today the federal government must certify prescription drugs for both safety and efficacy before their sale. Product development has slowed as FDA power has expanded. Up through 1965, for example, the U.S. led Britain in the introduction of new drugs. People suffer and die as a consequence of the FDA's dithering.