FDA, CDC, and Managing Knowledge in a Pandemic
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 22 June 2020
⏱️ 13 minutes
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| 0:00.0 | This is the Kator Daily Podcast for Monday, June 22, 2020. |
| 0:07.0 | I'm Caleb Brown. |
| 0:08.0 | The consequences of the errors of the CDC and FDA have been substantial as COVID-19 spread throughout the United States, |
| 0:16.3 | but the tasks that we give these agencies may have given the public a magical view of safety. |
| 0:21.6 | That is, safety is not a yes or no question. It implicates how much |
| 0:25.9 | you're willing to pay for an answer to an important question and how much you value some risks against others. Peter Van Doren is editor of Regulation magazine. |
| 0:35.0 | He suggests maybe it's time to unbundle some of the tasks given to agencies that, |
| 0:40.0 | among other things, are asked to manage the dissemination of knowledge. |
| 0:45.0 | What I wanted to talk about today is the generic problem in scientific issues which is we have the problem of how to acquire and think about knowledge. |
| 0:56.9 | We have to think about how to pay for knowledge and then we have to think about how we use |
| 1:02.0 | knowledge to make decisions and whether we have to think about how we use knowledge to make decisions and whether we have to do that collectively or not. |
| 1:07.0 | And this incredibly weird FDA apparatus that we have is the result of choices about these three things that don't have to be bundled together, but they are. |
| 1:21.0 | Rather than pay for knowledge directly through public sector funding or non-profit groups |
| 1:27.7 | raising money for research or anything like that, the way we fund knowledge is by tying access to devices and to drugs through |
| 1:42.0 | you need permission from an agency to use a device and then the agency uses that |
| 1:48.8 | inability of anybody to access the device as a way to pay for knowledge by requiring the sellers of |
| 1:56.6 | devices and the sellers of drugs to pay for knowledge ahead of time before they |
| 2:01.7 | get permission to sell. We don't have to do things that way, |
| 2:05.8 | but that's what we do. And tied to that is also the issue of the public doesn't think of safety as a probabilistic |
| 2:18.8 | continuous issue. It thinks of it is yes or no. |
| 2:23.0 | And that yes or no view of safety, |
| 2:27.0 | which comes from a legalistic FDA approach to things, |
... |
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