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.
David J. Theroux, Founder and President of the Independent Institute, presents the idea and concept behind Love Gov: From First Date to Mandate, the award-winning, satirical video series that portrays the federal government as an overbearing boyfriend Scott Gov Govinsky who foists his good intentions on a hapless, idealistic college student, Alexis Smith.
To watch the web series, follow this link
Independent Institute Senior Fellow John C. Goodman talks about his new Independent book, "A Better Choice: Healthcare Solutions for America," on how to replace the Affordable Care Act with market-based solutions. Hosted by Michael Cannon, the discussion was held on July 22, 2015, at the Cato Institute in Washington, D.C.
Independent Institute Senior Fellows John C. Goodman and Lawrence J. McQuillan speak on a panel with Heartland Institute Senior Fellow Peter Ferrara at the 2015 FreedomFest held in Las Vegas, NV. The program is moderated by Lewis Uhler, President of the National Tax Limitation Committee.
Thanks to FreedomFest, Inc. for the permission to post our fellows' presentation. For further information about FreedomFest, go to www.freedomfest.com
Lewis Uhler, President of the National Tax Limitation Committee, moderates a panel with Independent Institute Senior Fellows John Goodman and Lawrence McQuillan and Heartland Institute Senior Fellow Peter Ferrara at the 2015 FreedomFest held in Las Vegas, NV.
Independent Institute Acquisitions Director Roy M. Carlisle is interviewed by IBPA Executive Director Angela Bole at the Book Expo Book Convention in New York City. Roy talks about two new books from the Independent Institute: A Better Choice by Senior Fellow John C. Goodman and California Dreaming by Senior Fellow Lawrence McQuillan. Both books were highlighted at the conference and the authors signed copies of the books for attendees. Carlisle is a former board member of the Independent Book Publishers Association and the conversation touches on the Independent Institutes powerful scholarly book program offering solutions to todays public policy issues such as water markets, healthcare and education.
Sr. Fellow John R. Graham appeared on the Larry Conners USA radio show to talk about the failings of the Affordable Care Act and how it is costing people more money than originally thought. Graham also discusses the upcoming U.S. Supreme Court Case "King vs Burwell" that may strike down Obamacare in states that have not set up their own health care exchanges.