{"id":389877,"date":"2018-12-20T14:38:37","date_gmt":"2018-12-20T13:38:37","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/fda-policies-kill-lewrockwell\/"},"modified":"2018-12-20T14:38:37","modified_gmt":"2018-12-20T13:38:37","slug":"fda-policies-kill-lewrockwell","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/fda-policies-kill-lewrockwell\/","title":{"rendered":"FDA Policies Kill &#8211; LewRockwell"},"content":{"rendered":"<div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t                            \t<!-- S3 Cache --><!-- S3:S3:Non-Original -->\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Among the U.S. Food and Drug Administration\u2019s responsibilities are approval and regulation of pharmaceutical drugs. In short, its responsibility is to ensure the safety and effectiveness of drugs. In the performance of this task, FDA officials can make two types of errors \u2014 statistically known as the type I error and type II error. With respect to the FDA, a type I error is the rejection or delayed approval of a drug that is safe and effective \u2014 erring on the side of over-caution \u2014 and a type II error is the approval of a drug that has unanticipated dangerous side effects, or erring on the side of under-caution.<\/p>\n<p>Let\u2019s examine the incentives of FDA officials. If FDA officials err on the side of under-caution and approve a drug that has unanticipated dangerous side effects, the victims of their mistake will be highly visible. There may be congressional hearings, embarrassment to the agency and officials fired.<\/p>\n<p>It\u2019s an entirely different story if FDA officials err on the side of over-caution and either disapprove or delay the approval of a drug that is both safe and effective. In that case, the victims will be invisible. They will have no idea that their suffering could have been eliminated, or in the case of death, their loved ones will have no idea why they died. Their suffering and\/or death will be chalked up to the state of medicine rather than the status of an FDA drug application. Their doctor will simply tell them there\u2019s nothing more that can be done to help them. The FDA officials go scot-free.<\/p>\n<p><span class=\"amazon-element-wrapper-custom align-right last-count\"><br \/>\n<span class=\"amazon-element-med-image\"><span class=\"amazon-image-wrapper\"><a href=\"https:\/\/www.amazon.com\/American-Contempt-Liberty-Institution-Publication\/dp\/0817918752?SubscriptionId=AKIAI63WS3YGA3Y5U2QA&amp;tag=lrc18-20&amp;linkCode=xm2&amp;camp=2025&amp;creative=165953&amp;creativeASIN=0817918752\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/images-na.ssl-images-amazon.com\/images\/I\/51uXh2r5zvL.jpg\" alt=\"\" class=\"amazon-image amazon-image-medium\"\/><\/a><\/span><\/span><br \/>\n<span class=\"amazon-element-title\"><span class=\"appip-title\"><a href=\"https:\/\/www.amazon.com\/American-Contempt-Liberty-Institution-Publication\/dp\/0817918752?SubscriptionId=AKIAI63WS3YGA3Y5U2QA&amp;tag=lrc18-20&amp;linkCode=xm2&amp;camp=2025&amp;creative=165953&amp;creativeASIN=0817918752\" target=\"_blank\" rel=\"nofollow\">American Contempt for &#8230;<\/a><\/span><\/span><br \/>\n<span class=\"amazon-element-author\">Walter E. Williams<\/span><br \/>\n<span class=\"amazon-element-lowest-used\"><span class=\"appip-lowest-used\"><span class=\"appip-label label-lowest-used\">Best Price: <\/span>$9.49<\/span><\/span><br \/>\n<span class=\"amazon-element-formatted-price\"><span class=\"appip-formatted-price\"><span class=\"appip-label label-formatted-price\">Buy New <\/span>$11.17<\/span><\/span><br \/>\n<span class=\"amazon-element-disclaimer-new\"><span style=\"display:block;color:#888;font-size: .80em; padding: 0 0 3px 0;\">(as of 03:50 EST &#8211; <span style=\"cursor:pointer;\" title=\"Product prices and availability are accurate as of the date\/time indicated and are subject to change. Any price and availability information displayed on Amazon.com at the time of purchase will apply to the purchase of this product.\">Details<\/span>)<\/span><\/span><br \/>\n<span class=\"amazon-element-button\"><a target=\"_blank\" href=\"https:\/\/www.amazon.com\/gp\/aws\/cart\/add.html?AssociateTag=lrc18-20&amp;SubscriptionId=AKIAI63WS3YGA3Y5U2QA&amp;ASIN.1=0817918752&amp;Quantity.1=1\" rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.lewrockwell.com\/wp-content\/mu-plugins\/amazon-ad-link-lr\/img\/buy-from-tan.gif\" border=\"0\"\/><\/a><\/span><br \/>\n<\/span>Let\u2019s look at some of the history of the FDA\u2019s erring on the side of over-caution. Beta blockers reduce the&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.lewrockwell.com\/2018\/12\/walter-e-williams\/fda-policies-kill\/\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Among the U.S. Food and Drug Administration\u2019s responsibilities are approval and regulation of pharmaceutical drugs. In short, its responsibility is to ensure the safety and effectiveness of drugs. In the performance of this task, FDA officials can make two types of errors \u2014 statistically known as the type I error and type II error. With [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-389877","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/389877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=389877"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/389877\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=389877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=389877"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=389877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}