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Needless fretting today kills innovation tomorrow. 11:47 AM, Jan 29, 2012 • By MARK HEMINGWAYAt Forbes, David Shaywitz has a column on why excess medical regulation is harmful, and it's one of the best things I've read on the topic:
We are far more attuned to the potential harms a new product may create than the potential harms a new product may avoid. No regulator wants to face a Congressional committee – generally a bipartisan committee, incidentally, as indignant posturing and self-righteous outrage seems easily to cross party lines – demanding to know why an approved drug was ultimately discovered to cause unexpected problems. Raise the bar for approval high enough and you reduce the likelihood of this occurring.
Unfortunately, far less attention is paid to the reverse – to the very real patients who never receive a new medication because excessive regulation resulted in prohibitively high hurdles, effectively dampening work, disincentiving investment, and stifling progress.
Perhaps this is the policy we want: regulators face an admittedly formidable challenge (essentially, predicting the future), and in some cases, as I’ve explicitly noted, have been way ahead of the curve – for example, in highlighting the very real need for more investment in assessment science.
Yet, as regulators seek to weigh the potential benefits and risks of a new medicine, my own observation is that they tend to be both tentative and ultra-paternalistic; many seem to feel they must somehow protect doctors from themselves, and the result is that patients are systematically denied access to medicines that might be useful, and for whom the risk/reward, when fully understood and discussed with their physician, would be worth it.
Read the whole thing. Also, Shaywitz points to this TED talk on the subject by Juan Enriquez, director of the Harvard Business School Life Sciences Project. It's also worth your time:
4:18 PM, Oct 12, 2011 • By THOMAS DONNELLYThe revelation that the Iranian Revolutionary Guards Corps and its Quds Force had plotted to kill Saudi Arabia’s ambassador to the United States – by blowing him up as he dined at a Washington restaurant – is a stark reminder of the nature of the Tehran regime and its ambitions. But perhaps the most disturbing aspect of the story is that Iran’s thugs are developing a strategic partnership with Mexico’s most violent thugs: Los Zetas may only be the second-largest drug cartel in the Drug Enforcement Administration’s rankings, but they’re probably the most lethal.
Read more... 12:14 PM, Sep 23, 2011 • By AVI JORISCH and JOHN CASSARA
As the Obama administration reviews its Afghanistan and Pakistan policy, looking for creative means to challenge extremist funding, the drug trade is increasingly coming into focus.
Read more... 1:13 PM, Sep 22, 2011 • By JEFFREY H. ANDERSONAt NRO, Scott Gottlieb writes, “Fresh off its successes in the green-energy patch, the Obama team is turning its investment skills to the life sciences. Last Friday, President Obama announced his intention to increase the federal government’s involvement in the business of biotechnology.”
Read more... 3:26 AM, Nov 3, 2010 • By DANIEL HALPERPolitico reports that Proposition 19, which would have legalized recreational marijuana in California, has failed:
Read more... UFOs, Goldhagen mistakes, LaRouche, Queen Elizabeth, advice for David Tell, and more.11:00 PM, Nov 3, 2002 • By THE DAILY STANDARD welcomes letters to the editor. Letters will be edited for length and clarity and must include the writer's name, city, and state.
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Reading J. Bottum's The Usefulness of Daniel Goldhagen, it appears that there is no end to Goldhagen's outrageous lies and exaggerations. One case in point is his statement about the World War II Croatian Nazi puppet state's Jasenovac camp.
Read more... A professor in Arkansas with a distinguished perch speaks up in defense of drugs.12:00 AM, Aug 5, 2002 • By JONATHAN V. LASTBRADLEY R. GITZ writes a weekly column for the Arkansas Democrat-Gazette and on July 25, 2002, his thoughts turned to drug legalization. Observing that Great Britain and Canada are considering decriminalizing marijuana, Gitz applauded and launched into an argument for legalizing mary jane here in the States. Gitz, a take-no-prisoners libertarian would like to go a good way further, too, saying, "Even those in favor of the decriminalization of marijuana tend to preface their arguments with the assertion that so-called hard drugs should remain forbidden. But on what logical basis?
Read more... The former drug czar and PR hound is just wild about what Castro has done for the war on drugs.11:01 PM, Mar 4, 2002 • By JONATHAN V. LASTGENERAL Barry McCaffrey met Fidel Castro on Saturday night, Reuters reports. It was love at first sight.
In Havana on the Center for Defense Information's dime, the former drug czar spent twelve hours in meetings with the Cuban dictator--and his brother, the minister of the Revolutionary Armed Forces, Raul.
Read more... During the Super Bowl the Office of National Drug Control Policy ran ads connecting drugs with terrorism. Is that really fair?11:01 PM, Feb 6, 2002 • By CHRISTOPHER CALDWELLTHE FAMOUSLY FLUSH Office of National Drug Control Policy bought $3 million worth of advertising during the Super Bowl. We can leave aside the general question of whether government agencies ought to be spending the public's money to--in effect--lobby that very same public to keep shelling out money for them. We'll note merely that big-government hucksterism is on the rise, from state lotteries' stoking of gambling addictions on television to the U.S.
Read more... The AP embarrasses a State Department worker and hopheads become a polling group. In Washington, strange things happen all the time.11:01 PM, Oct 30, 2001 • By DAVID TELLFIRST SEX: Late yesterday afternoon, George Gedda of the Associated Press filed an interesting wire about the anthrax risk currently confronting employees at the State Department's headquarters building in Washington. On Monday, department spokesman Richard Boucher had announced that, save for two mailrooms, the complex appeared entirely clear of anthrax spores. Gedda reported that yesterday, however, at an agency-wide assembly led by Colin Powell, a certain Dr.
Read more... After months of delay, drug czar nominee John Walters finally gets a hearing and Democrats no longer seem serious about opposing him.12:00 AM, Oct 11, 2001 • By BETH HENARYON SEPTEMBER 11, TWO OF PRESIDENT BUSH'S cabinet-level administrative positions sat dormant: United Nations ambassador and National Drug Control Policy director, or drug czar. But the terrorist attacks inspired bipartisan cooperation on a number of foreign policy and domestic security issues. Just three days later, on September 14, the Senate unanimously confirmed John D.
Read more...
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