Abolish The FDA

Don Boudreaux republishes a letter from Bob Higgs, briefly explaining that the FDA does not do what it claims to do.

I think it is very important in discussing this topic not to be diverted in mere speculations about how a market order might deal with quality assurance for health-care products. It is far more telling to insist that the market already supplies this assurance.

Read it all.

Andy Roth pointed to this related commentary by Derek Lowe yesterday, who argued that aspirin wouldn't even make it to market if it had to be approved by the FDA today.

Even more from John Stossel.