The FDA’s Big Bad Wolfe

January 27th, 2009 | by Brian Schwartz |

Charles L. Hooper and David R. Henderson in Forbes:

Since Barack Obama was elected, there has been much hopeful talk about addressing this country’s health care problems. Unfortunately, some of the ideas discussed have been bad ones and, therefore, will have predictably bad consequences.

Consider the FDA’s recent appointment of Dr. Sidney Wolfe to a four-year post at its Drug Safety and Risk Management Committee. Wolfe comes from Public Citizen, a group Ralph Nader founded.

What spurred Wolfe’s appointment were three ideas: (1) drugs are either safe or dangerous, and dangerous ones should be kept off the market, (2) the FDA doesn’t do enough to assure that the drugs we use are safe and (3) the FDA is too close to the pharmaceutical industry.

All three ideas are dead wrong.

Read the rest here.

(Via EconLog)

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