Connect with us

Hi, what are you looking for?

RiseInTheFuture.comRiseInTheFuture.com

Editor's Pick

The FDA Causes Harm

Jeffrey Miron and Jacob Winter

According to the Food and Drug Administration (FDA), its mission is partly to “[regulate] the manufacturing, marketing, and distribution of tobacco products to protect the public health.” Is it achieving that mission? 

Research suggests not. A recent study (Cato Research Brief no. 427)

[evaluated] the full effect of FDA drug regulation—from initial application preparation to post-market activities—for [e‑cigarettes], which the Circuit Court for the District of Columbia unexpectedly exempted from drug regulation in December 2010. 

The study found that 

the exemption reduced mortality attributable to smoking by approximately 10 percent .… And survey data suggest e‑cigarettes reduced the percentage of those who smoke regularly by 4.3 percentage points. 

The exemption reduced smoking because it caused 

e‑cigarette innovation [to increase] dramatically .… E‑cigarette patent applications increased sharply in the United States between 2011 and 2019. 

This innovation made e‑cigarettes more widely available, leading people to switch from more harmful cigarettes. This effect saved lives: 

The regulation exemption enabled innovation that increased years of life among the US population by approximately 74,000 annually from 2011 to 2019. 

This study underscores that the FDA’s regulations meant to save lives at least sometimes have the opposite effect.

This article appeared on Substack on April 2, 2025.

You May Also Like

Editor's Pick

Is a new market uptrend on the horizon? In this video, Mary Ellen breaks down the latest stock market outlook, revealing key signals that...

Editor's Pick

The key resistance level I’ve been watching on the S&P 500 hasn’t wavered. It’s 5782. The bulls had a real chance this past week...

Politics

Richard Cobden was a British champion of laissez-faire who served in Parliament. While there, he led to successful campaign to repeal the Corn Laws,...

Politics

International trade is the topic du jour. Mark Thornton shares his recent presentation on a timely and important book featuring many of your favorite...