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" "In the marketplace ecosystem, interference usually means aggression-through-government. When we don’t like the outcomes that we get in the marketplace, we sometimes try to correct its ‘imperfections’ with laws that force our neighbors—at gunpoint, if necessary—to do things differently… Imperfections of the marketplace ecosystem are dwarfed by the havoc created by our well-meaning aggression.
Mary J. Ruwart (born October 16, 1949) is an American retired biomedical researcher and a libertarian speaker, writer, and activist. She was a leading candidate for the 2008 Libertarian Party presidential nomination and is the author of the book Healing Our World.
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Congress enacted the 1962 Kefauver-Harris Amendments to the 1938 Food and Drug Act… What the Amendments actually did was increase the time it takes for a new drug to move from the lab bench to the marketplace: a change from 4 years to 14 years over the next few decades. Terminally ill patients who couldn’t live with the delay turned to the black market to get access to potential cures. Every year, the cost of satisfying the FDA have soared, resulting to ever-increasing prices at the pharmacy. More than half of our potential innovations have never made it to patients because companies realized they couldn’t recoup their investments under the new regulations.
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‘Mandatory’ means forced—at gunpoint, if necessary. When we force people to do things, for their own good or the good of others, we violate their right of self-determination. Libertarians respect the rights of others to choose their own path—that’s what liberty is all about. If community service is such a good deal, we should have no trouble persuading people to do it voluntarily. If we can’t convince others that our way is best, maybe we should humbly consider the possibility that it isn’t.