All Posts Tagged With: "prescription drugs"
Psychiatry: Disease Inflation
In his classic, The Economic Consequences of the Peace (1920), John Maynard Keynes observed: “Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it [...]
1Mar2006 | Thomas Szasz | 0 comments | ContinuedFlight from Responsibility
Whenever I catch myself admiring a thinker, I find that he shares a trait with other thinkers I admire: an insistence on clear and honest language, a determination not to take metaphors literally. Apropos of this, September marks the 106th anniversary of the birth of FEE’s founding president, Leonard E. Read, a good time for [...]
1Sep2004 | Sheldon Richman | 2 comments | ContinuedBorders and Liberty
Borders play a critical role in our lives. Some of the borders that matter to us are ones we establish ourselves: this is my house and property; that is your house and property. By choosing what is mine and using the legal system to mark it off from what is yours, I create a border. [...]
1Jul2004 | Andrew P. Morriss | 11 comments | ContinuedThe New Drug War
Seeking to combine the failures of the War on Drugs and the War on Poverty, the U.S. government has now embarked on the War on (Expensive) Prescription Drugs. You see, grannies crossing the northern border in search of cheaper prescription drugs are causing fits at the Food and Drug Administration (FDA). U.S. District Judge Claire [...]
1Apr2004 | Adam B. Summers | 1 comment | ContinuedHealers Under Siege
Contributing Editor Doug Bandow is a syndicated columnist and the author and editor of several books. He is co-editor of Wealth, Poverty and Human Destiny (ISI, 2003). The Food and Drug Administration has approved a drug to combat non-Hodgkin’s lymphoma. That’s good news for cancer patients in America and around the world. But you wouldn’t [...]
1Nov2003 | Doug Bandow | 0 comments | ContinuedEvaluating New Drugs: Remember the Bigger Picture
“Don’t be penny-wise and pound-foolish” is an old adage that cautions us about false savings. Sometimes spending a little more now makes the best sense if it maximizes our savings in the long run. Failure to understand this lesson is at the root of many misjudgments and bad policies swirling around prescription drugs these days. [...]
1Oct2002 | Lawrence W. Reed | 0 comments | ContinuedCapital Letters
What Is “Mental Illness”? To the Editor: [The March column opposing insurance parity for psychiatric treatment by] Thomas Szasz . . . shocked and disappointed me. . . . Any close relative (myself included) of a person who was formerly seriously mentally ill—with all the unwanted auditory and visual cacophony—and was returned to normal rational [...]
1Jul2002 | FEE Admin | 0 comments | ContinuedEconomists Against the FDA
A sulfa drug called Elixir Sulfanilamide released in 1937 killed over 100 Americans, mostly children. A sedative called Thalidomide released in Europe in 1957 and taken by pregnant women caused deformities in 10,000 children. These famous episodes strike us as horrible injustices that must be prevented. But more deadly are quack platitudes that guide public [...]
1Sep2000 | Daniel B. Klein | 8 comments | ContinuedBipartisan Drug Entitlement
Washington came close to wrecking the U.S. health-care system in 1994. Only resolute resistance to the Clinton administration’s proposal to take over American medicine prevented this nation from proceeding down the disastrous path of nationalized care prevalent around the world. Although defeated in his attempt to gulp down the health-care system, President Clinton has succeeded [...]
1Sep2000 | Doug Bandow | 1 comment | ContinuedThe Price of Resistance
Consider this remarkable sentence in the New York Times last winter: “Brandishing new data showing that the drug industry earns higher profits and pays lower taxes than most other industries, White House officials say drug companies may bring price controls on themselves if they continue to resist President Clinton’s plan to have Medicare provide pharmaceutical [...]
1Apr2000 | Sheldon Richman | 0 comments | ContinuedA World Without the FDA
Back in 1980 I had the good fortune to spend a summer in Santiago, Chile. My woeful high-school French produced an even more woeful Spanish, but I was able to travel about that beautiful country with wonderful people. In the middle of my stay I developed a fearful cold and wandered into what looked like [...]
1Sep1999 | Russell Roberts | 11 comments | ContinuedIncreasing Access to Pharmaceuticals
Doug Bandow, guest editor for the February Freeman, is the author and editor of several books, including Reforming Medicine Through Competition and Innovation (John Locke Foundation). The collapse of the campaign to essentially nationalize America’s health-care system put a political stake through the heart of proposals to solve medical problems with new bureaucracies and more [...]
1Feb1996 | Doug Bandow | 0 comments | Continued-
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