Allowing terminally ill people to bypass the drug testing and approval process will not create a "right to experimental drugs." It will not destroy the incentives for patients to participate in the clinical trial system. It will not make it impossible to gather scientific data on how drugs work. What it will do is allow individuals who are fully capable of rational choice to make the most important choices of all according to their own values.
My wife came across this story. A 16-year-old wit
The politics of the environmentalists are increasingly predictable and obvious. They oppose all forms of capitalistic innovation. Indeed, they represent a special kind of danger to the human race that socialism never did.
Apparently the discovery of penicillin is often trotted out as a classic case showing the importance of having the innovation-incentives of a paten
Many in Britain, writes Lew Rockwell, no longer have any choice: they have to pull out their own teeth.
Fox News is reporting on the White House’s plan to keep us save from a flu o
Today’s New York Times carries a piece by Krugman called ̶
Thank goodness for Peter Doshi, who is doing his best to get the word out on the bird-flu frenzy.
Hans-Hermann Hoppe explains the neglected role of insurance in a free market economy. Any insurance involves the pooling of individual risks by the market, a task the state can only distort.
