"The State Anti-Insures"


People come out on the short end of the stick when they depend on government to protect them from the perils of the free market
I don't quite agree with all his anarchist solutions, but Michael S. Rozeff touches briefly on the bird flu situation at LewRockwell.com.

Under the State, security falls. We’re not ready for bird flu because there are only four companies to make flu vaccine, down from 26 in 1957. We can make vaccines, but we don’t. The Food and Drug Administration has seen to that. To get a vaccine approved by these foot-dragging safety hawks runs the costs up too high. The State’s idea of safety is disconnected from our ideas of safety.

To the FDA, the safest vaccine is none. Then no one will ever incur the small chance of coming down with flu after being vaccinated. Then no FDA bureaucrat will feel the heat. To us who value our lives, we’ll accept one chance in a trillion or a billion or a million or even one chance in a thousand. We each value safety at its worth to us personally. The State values safety by the criteria of its bureaucrats who make up the rules. The State anti-insures.

Lawsuits scare off vaccine firms, and the State runs the justice system. The State’s Vaccines for Children Program buys cut-rate vaccines. Make the price low enough with a single dominant buyer and no one will sell. The State makes sure we do not have enough vaccines. It anti-insures.

I don't agree with him on everything in this article, but he is right about the FDA preventing more than it allows.

— NeoWayland

Posted: Sat - October 22, 2005 at 03:55 PM  Tag


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