I'm really not sure I understand your argument here. the FDA is quite far from some libertarian ideal of minimal regulation. on the contrary, this news story makes a great example of the dangers of regulatory capture when a government institution literally decides on a case-by-case basis what products are allowed to compete in the market. I personally wouldn't go that far; I think it's worth having some oversight regarding food and drug safety.
since you agree that the FDA does have the necessary legal authority, I'm curious what you think the fix is here. if we give it even more money and legal powers, would that be enough for it to do its job? I somehow doubt that.
since you agree that the FDA does have the necessary legal authority, I'm curious what you think the fix is here. if we give it even more money and legal powers, would that be enough for it to do its job? I somehow doubt that.