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Senior Fellow Benjamin Powell is Interviewed on American Medicine Today Radio on Drug Approvals and the FDA
Recorded: Saturday, December 12, 2015
What is the cost of the long approval process for potentially life-saving drugs by the FDA? The approval process can take up to 12 years and cost $1 billion. But there are other costs. Patients arent able to take drugs that arent approved and they might die or become more ill. Another cost is that a potential drug maker might not want to take the financial risk of taking a drug to market. Powell recommends testing drugs but possibly making drugs "FDA recommended", rather than "FDA approved." Whats needed is competition and markets to help patients and entrepreneurs, says Powell.
Experts: Benjamin W. Powell
Issues: Government Power, Health Care, Public Health/ Consumer Protection, Science
Research Fellow Randall Holcombe appears on the Larry Conners USA Radio Show
Recorded: Thursday, November 12, 2015
Research Fellow Randall Holcombe is a guest on the Larry Conners USA Radio Show on KTRS St. Louis. Holcombe discusses President Obamas push for shorter prison sentences and why the move is a mistake. The war on drugs has been waged for 35 years. Drugs are impossible to control and their use should not be illegal, according to Holcombe. Transactions among consenting adults shouldnt be prosecuted, he says. Only if property crimes or violence occurs, should drug users be prosecuted.
Nov. 12, 2015
Experts: Randall G. Holcombe
Issues: Civil Liberties/ Human Rights, Crime, Drugs (Illicit)
Bruce Benson: Crime in the U.S.
Recorded: Thursday, October 23, 2014
Sr. Fellow Bruce Benson, author of To Serve and Protect appeared on the nationally syndicated Katherine Albrecht Radio Show. Benson discusses his writing on the criminal justice system, the war on drugs, and the founding principles of freedom in society.
Experts: Bruce L. Benson
Issues: Civil Liberties/ Human Rights, Constitutional Law, Crime, Culture/ Society, Drugs (Illicit), Freedom, Law Enforcement, Regulation and Deregulation
William J. Watkins, Jr. on Patent Trolls
Recorded: Wednesday, June 18, 2014
Research Fellow William J. Watkins, Jr. appeared on XMSatellite radios Innovation Navigation show to talk about his new book Patent Trolls: Predatory Litigation and the Smothering of Innovation. The cost of patent trolls is staggering, both in terms of lost work and in court costs and attorney fees. The outmoded patent system in the US is discussed, including proposals for reforming the patent system.
Experts: William J. Watkins Jr.
Issues: Antitrust, Competition, and Monopoly, Business, Economic History and Development (U.S.), Litigation, Regulation and Deregulation, Science, Technology
Clifford Thies on the American Economic Association and Richard T. Ely
Recorded: Monday, November 28, 2011
Download the mp3 file
The American Economic Association (AEA) takes pride in celebrating its founder Richard T. Ely. This pride is strange, given the character of Elys thought, which is revealed in The Independent Review article The Shaping of a Future Presidents Economic Thought: Richard T. Ely and Woodrow Wilson at The Hopkins by Gary M. Pecquet and Clifford F. Thies, as well as the Econ Journal Watch article Richard T. Ely: The Confederate Flag of the AEA? by Clifford F. Thies and Ryan Daza. In this podcast, Thies is interviewed by the economist Lawrence H. White and explores Elys ideas, values, and impact. Thies is the Eldon R. Lindsay Chair of Free Enterprise and Professor of Economics and Finance at Shenandoah University.
Experts: Clifford F. Thies, Lawrence H. White
Issues: Bureaucracy and Government, Civil Liberties/ Human Rights, Collectivism, Culture/ Society, Economic History and Development (U.S.), Economic Policy, Economists, Government Power, Immigration, Political Ideology and Philosophy, Public Health/ Consumer Protection, Race Issues, Regulation and Deregulation, Religion, Science, Welfare
Randal Rucker Discuses the Resilience of Private Beekeeping on the John Batchelor Show
Recorded: Thursday, June 30, 2011
Research Fellow Randal Rucker (co-author of Plowshares and Pork Barrels: The Political Economy of Agriculture) appeared on the John Batchelor Show to discuss the resilience of honeybees through private beekeeping in the face of colony collapse disorder.
Experts: Randal R. Rucker
Issues: Business, Environment, Labor and Employment, Science