Everybody's Fuming over E-Cigs
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 5 June 2009
⏱️ 8 minutes
🧾️ Download transcript
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| 0:00.0 | This is the Cato Daily Podcast for Friday, June 5th, 2009. I'm Caleb Brown. |
| 0:08.0 | The forces lining up to ban or at least tightly regulate so-called e-cigarettes are more parochial than you might think. |
| 0:15.0 | Sure, the FDA wants to make sure that the product, a nicotine delivery device, |
| 0:20.0 | is firmly under the agency's thumb, but the federal government also wants revenue to fund |
| 0:25.2 | S-CHIP expansion, tobacco companies want to crush competition, and state governments want a stable |
| 0:31.3 | source of tobacco-fueled revenues. It seems only smokers might |
| 0:35.9 | want to defend what may be a much safer means of getting that nicotine fix. It's Baptist's bootlegers and tax collectors in this coalition, |
| 0:45.0 | according to Cato Institute Senior Fellow Peter Van Dore. |
| 0:48.0 | What is most striking about the fact that we have this innovation in nicotine delivery that does not |
| 0:55.0 | neatly fall into the category of cigarette and does not neatly fall into the category of nicotine |
| 1:00.7 | replacement therapy. |
| 1:02.5 | All innovations threaten the status quo. |
| 1:05.1 | So in markets, when we have innovations, |
| 1:07.3 | existing firms don't like it. |
| 1:08.8 | So in politics, when a new product arises, |
| 1:11.8 | the existing organization of things is threatened. |
| 1:15.0 | So the FDA is threatened by this, or the component of the FDA, |
| 1:20.0 | the people who, the Baptist part of the FDA who are whose mission in their view is to make |
| 1:26.0 | sure other people don't harm themselves through their own behavior even though to you and |
| 1:32.0 | I and any other libertarian that seems like an odd |
| 1:35.8 | concern. But to many other people, the point of the FDA and the point of something called |
| 1:40.6 | public health is to be a busy body, is in fact to worry about other people's |
... |
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