e/acc

“What would a practical abolish-the-FDA-lite policy proposal look like?”

1. Legalize artificial supplements

2. An “experimental drug” category, “where they test for safety… but don’t test for efficacy”

“What would a practical abolish-the-FDA-lite policy proposal look like?”

1. Legalize artificial supplements

2. An “experimental drug” category, “where they test for safety… but don’t test for efficacy”

https://www.astralcodexten.com/p/beyond-abolish-the-fda

Founder, The Roots of Progress (rootsofprogress.org). On book-writing sabbatical, trying not to check social media including DMs

imho in pretty much all of these regulatory circumstances it should just be credit/subsidies for spirit of the law. shareholders should know "my company figured out safety/efficacy/affordability, government will lower costs to capture market share" otherwise "why am I holding shares of what's not competitive via regs?"

𝖒𝖆𝖓𝖉𝖆𝖙𝖚𝖒 𝖆𝖉 𝖆𝖘𝖙𝖗𝖆

the opposite of the FDA is a gray/black consumables market. these manifest by the marginal demand, consumers just want options. the more they're restricted, the better the margin for opaque consumables. if a random production has self-evident QA & potential subsidy, there's more upside for initial capital.

same w/ finance, energy, space, AI, etc. government should add momentum where there's focused progress & public interest. if companies had a reason to cross-bargain for utility/safety/transparency standards, & there's room for consumer dissent & competitive startups, they scale ROI by sharing a growing TAM.