How does the government think that they can take away my freedom via coercion?
If I do not wear my seat belt, I harm nobody but myself.
How, then, can it be required by law?
The principal here is: If I do not harm a 3rd party there should be no regulation whatsoever.
Many government agencies and bureaucrats try to decide for me what I think is best.
Why should I be forced to buy a car that is more expensive because it has an airbag in it?
Why should each product that I purchase be reviewed by a cast of bureaucrats deciding what is best for me!
I have my own brain, I can decide for myself.
One could argue that "Oh! The airbag has saved 50,000 lives because it is so much safer" but I say to that the following:
all you are doing is looking at the direct consequences,
what are the indirect consequences?
well, with an airbag mandate each Ycar is $X more expensive, therefore, people will buy less of Ycar. Older, unsafer cars are on the road, how many deaths are caused by the older worn-down vehicles relative to the 50,000?
Think of the pharmaceutical business in the USA. The FDA is in bed with pfizer. Pfizer loves the fact that they have to pay billions of dollars and wait 6 months to get a 2nd generation viagra pill on the market. Why do they love it? Because that means that their pill (albiet inferior to the 2nd generation viagra pill that has been in "testing" for 6 years) has been dominating the market for the last 6 years! Furthermore, pfizer is the only company with the K to break the barrier of entry.
Furthermore- pills are so heavily regulated that no FDA bureaucrat wants their neck on the guillotine if they were to approve a "bad" pill. Therefore they take 0 risk. Even if the risk would benefit the populous as a whole. They have incentives to not allow new drugs to enter the market than to allow them in. If they do not allow the life-saving pill in the market, nobody but a few scientists will know about it! If they allow the bad pill in the market their reputation and latter-climbing potential just went to pot. I'd act the same way, that is why the social structure needs to be reformed in regards to FDA regulation of pharmaceuticals.
No comments:
Post a Comment