Description
Our healthcare system is irretrievably broken, and now it is devastating the US financially. Pharmocracy uncovers egregious FDA incompetence and abuse, and shows how over-regulation causes lifesaving medications to be delayed or suppressed altogether, and makes consumers pay inflated prices for FDA-approved therapies that are only minimally effective and often dangerous. A free market approach to healthcare, Faloon argues, would spare Medicare and Medicaid from insolvency, while significantly improving the health of the American public.
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The pharmaceutical industry in the United States is wrought with corruption; medications are astronomically overpriced and with an ever increasing sick population, these costs are bankrupting the American economy. According to expert Faloon the root of this corruption lies in the industry's over-regulation by the FDA. Faloon makes the case for de-regulation of the health care industry by listing its regulatory failures. The author's solution to this problem is letting the free-market forces even out the costs and accessibility of medications. This book is intended for the general reader. Annotation ©2011 Book News, Inc., Portland, OR (booknews.com)
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