MED: New site dedicated to reviewing the FDA

From: Technotranscendence (
Date: Tue Feb 19 2002 - 17:03:29 MST

ANNOUNCING: -- New Website Tracks Unsafe Side Effects of
Federal Food and Drug Regulations

The U.S. Food and Drug Administration (FDA) was created to ensure the
safety of food, and the safety and efficacy of pharmaceuticals and
medical devices, marketed in the United States. A large body of academic
research, however, indicates that FDA control has large and often
overlooked costs that almost certainly exceed the costs. This is no
"academic" or strictly economic matter: FDA policies in many cases have
cost people their lives.

To bring this research to a larger number of health-care professionals,
policy analysts, journalists, government officials, and the general
public, the Independent Institute has launched, an extensive, peer-reviewed, resource of
critical research on the policies and history of the U.S. Food and Drug

Written and edited by Independent Institute Research Fellow Daniel Klein
(Associate Professor of Economics, Santa Clara University) and
Independent Institute Research Director Alex Tabarrok (Editor,
Entrepreneurial Economics: Bright Ideas from the Dismal Science), includes:

* a detailed history of federal regulation from 1902 to the present,

* information on the drug development and approval process,

* an evaluation of the costs and benefits of FDA policy,

* a review and evaluation of the major plans for FDA reform,

* comments from economists who have studied the FDA,

* a glossary and bibliography with many webbed links (including links to
JSTOR, a scholarly journal archive, for those with access)

With, the Independent Institute intends to increase public
awareness of bureaucratic and political barriers that prevent lifesaving
medicines from reaching health-care consumers, especially for those most
in need. Comments are always welcome as we plan to continually update
and improve the web site.


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