Wealth is created when we use existing resources in new ways. Since such creativity is virtually limitless, wealth is too. - Mary Ruwart

When the AIDS epidemic began, the US pharmacist had little to offer its unfortunate victims. Consequently, AIDS patients began bringing in antiviral drugs or immune stimulants that were approved in other nations, such as ribavirin and Isoprinosine. It might have made sense to approve those drugs on the basis of data from other countries, but back then the FDA insisted on considering only studies done in the United States.

How many innovative, potentially lifesaving drugs never make it to the marketplace because of the added costs in time and money imposed by the [Kefauver-Harris] Amendments? No one knows for sure, but the studies that have been done imply that we’ve lost about 80% of the innovations that we would have had in the absence of he Amendments.

Libertarians don’t tell starving people to ‘eat cake;’ they prevent starvation by creating an abundance of ‘cake.’ Virtually all poverty in the world today is a result of governments aggressing against their people. Free countries, on the other hand, end poverty by removing the laws that foster it. They create an abundance of wealth because the poor aren’t legally ostracized from supporting themselves.