- The FDA approves some drugs other nations don’t want.
- Study: After St. George’s Hospital in The UK ended its mask mandate for staff and visitors for some, but not all, wards, there was no difference in Covid infections between the two settings.
- Meta analysis of 2,168 studies finds that wearing masks during the COVID-19 pandemic led to negative health consequences, including itching, headaches, and restriction of oxygen.
- Aaron Carroll: Contra the Cochrane mask study.
- A new wealth tax in Norway causes the rich to leave Norway.
- US compensates people injured by the Covid vaccine for the first time.
- Health care cost effectiveness: how much is a quality adjusted year of life worth?
- A type of jellyfish has achieved immortality.
Category: Health Economics & Costs
Why We Need an FDA
I often criticize the U.S. Food and Drug Administration (FDA) for being stodgy, slow to react and overly risk averse. However, the agency has an important purpose. The forerunner of the FDA dates back to the 1906 Pure Food and Drugs Act. At the time unscrupulous food manufacturers would use red dye to make spoiled beef appear fresh and used formaldehyde as a preservative to make foods last longer. Only a few years prior, Heroin was considered a wonder drug, as a treatment for morphine addiction and as a cough suppressant. Morphine was also once used as an elixir for teething pain in babies.
Wednesday Links
- Florida had one of the nation’s least restrictive COVID responses, but its age-adjusted COVID mortality rate was 8% lower than the median state. Florida’s in-person schooling rate, which positively correlates with better test scores, was among the best in the country.
- Republicans want people who get Food Stamps and Medicaid to work.
- Senate report: Covid probably came from lab.
- Former DNI John Ratcliffe: A lab leak is the “only explanation” for Covid.
- Biden’s taxes on investment could reach 86%.
- Study: Hospital cash prices were lower than the median commercial (insurance company) negotiated rate 47 percent of the time.
- Should AI bot workers be taxed – just like humans?
Are Food Stamps Healthy?
In 1996 Bill Clinton signed the law ending welfare as we know it. This quote was written 20 years later in 2016:
More than 13 million people received cash assistance from the government in 1995, before the law was passed. Today, just 3 million do.
“Simply put, welfare reform worked because we all worked together,” Bill Clinton, who signed into law welfare reform, or the Personal Responsibility and Work Opportunity Reconciliation Act of 1996, wrote in an op-ed in The New York Times in 2006. Clinton had campaigned on a pledge to “end welfare as we know it” and today it is all too apparent that he succeeded.
I tend to disagree with the last sentence.