Quotes About Regulation

If government were a product, selling it would be illegal.

What would annoy the most people most often? That is the true left-wing test of government intervention.

The multinational corporations now developing budgets often bigger than medium-sized countries — these live in a global space which is largely unregulated, not subject to the rule of law, and in which people may act free of constraint.

Bureaucrats!" Professor Torgeson said, like it was a really bad word, and her Vinland accent got thicker, the way it always did when she got angry.

But, as Wilson pointed out, "once a company gets approval for a drug, a doctor can prescribe it for anything they want.

According to a study by the Associated Press and the Center for Public Integrity, Purdue and other drug companies that manufacture opioid painkillers spent over $700 million between 2006 and 2015 on lobbying in Washington and in all fifty states. The combined spending of these groups amounted to roughly eight times what the gun lobby spent. (By comparison, during the same period, the small handful of groups pushing for limits on opioid prescribing spent $4 million

In some ways, Richard's argument about OxyContin mirrored the libertarian position of a firearms manufacturer who insists that he bears no responsibility for gun deaths. Guns don't kill people; people kill people.

He worried about what he described as "an unwholesome entanglement" between the people who prescribe our medicines and the people who make and market them.

Between 1994 and 2015, the quota of oxycodone that the DEA permitted to be legally manufactured was raised thirty-six times. A subsequent report by the inspector general of the Justice Department criticized the DEA for being "slow to respond to the dramatic increase in opioid abuse.

They "duped the FDA, saying OxyContin lasted twelve hours," Moore said. "They lied about the addictive properties. And they did all this to grow the opioid market, to make it okay to jump in the water. Then some of these other companies, they saw that the water was warm. And they said, 'Okay, we can jump in, too.

Roche hadn't just blithely assumed that the powerful drugs it was about to introduce to the public would be safe: the company had deliberately obfuscated evidence to the contrary. In

when the government fines corporations, rather than sending executives to jail, it amounts to "expensive licenses for criminal misconduct.

course, OxyContin was stronger than morphine. That was a simple fact of chemistry—but one that the company would need to carefully obscure.

Barbara Moulton who had spent five years as a drug examiner at the FDA before resigning in protest. The agency had "failed utterly" in its task of policing the way prescription drugs were marketed and sold, she testified. Moulton described an environment at the FDA of unrelenting pressure from the drug companies and a culture in which regulators, rather than regulate the drug companies and their products, showed slavish deference to the private sector.

the very government officials whose job it was to regulate the company and hold it to account ended up seduced by a new job at the company itself.

against the Sacklers were twisting the facts to scapegoat her clients, she argued. What was their crime? All they had done was sell a drug that was perfectly legal—a product

The difference between civil servants and private businessmen is that when a central planner makes a mistake, he is likely to disrupt the whole economy and not just a single business.

On January 1, 2004, Denmark introduced legislation to restrict trans fats to no more than 2 percent of the total fat in any food. Consumption of trans fats fell from 4.5 grams a day per person in 1975 to 2.2 grams in 1993 to 1.5 grams in 1995 to almost 0 grams by 2005. By 2010, the incidence of heart disease and related deaths in Denmark had dropped 60 percent.

Because the dietary supplement industry is essentially unregulated, only 170 (0.3 percent) of the 54,000 products on the market have documented safety tests.

Today, 80 percent of the world's opioid prescriptions are written in the United States, even though only 5 percent of the world's population lives there.

Shit is a serious business, and anyone caught dumping it in the streets is arrested. With

In America today you can murder land for private profit. You can leave the corpse for all to see, and nobody calls the cops.

currently, the federal government will loan any admitted student who isn't already in default on an educational loan the full cost of attendance to attend any ABA law school – and that cost is determined by the school. In other words, a law school can charge literally anything it wants to

Six man variables... determine variation in refugees' income levels. First, regulation: the greater the degree of full participation in the national economy, the better refugees will do... Second, nationality... Third, education... fourth, occupation... fifth, gender... sixth, networks