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Cato Podcast

The Poor Record and Rich Funding of Alternative Medicine

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 7 September 2015

⏱️ 7 minutes

🧾️ Download transcript

Summary

Alternative medicine has a poor track record, yet has earned billions in federal funding in recent years. Todd Krainin of reason.tv discusses his new film on the subject.

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Transcript

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0:00.0

This is the Cato Daily Podcast for Monday, September 7th, 2015.

0:07.0

I'm Caleb Brown.

0:08.0

Despite the week record of alternative medicine to prove its efficacy, federal funding for alternative remedies has skyrocketed.

0:15.7

And it can all be traced back to the efforts of former Senator Tom Harkin.

0:19.6

Todd Cranon of Reason TV has produced a short film on alternative medicine and federal money.

0:25.0

We spoke last week.

0:27.1

So describe the Office of Alternative Medicine.

0:30.6

So this is a story about the rise of alternative medicine in the United States.

0:36.0

It's been around a long time, but really over the last 25 years it has started earning government support, first in a trickle and then in a river.

0:47.7

And really starting about 25 years ago, it was the brainchild of a single person, Senator Tom Harkin of Iowa.

0:55.0

In the late 80s, he believed that bee pollen extract cured his hay fever.

1:03.0

And as a result, he started thinking,

1:05.5

this is amazing.

1:07.1

The American public should be benefiting

1:09.2

from all of these natural remedies and cures that are out there waiting to be discovered,

1:16.1

whether it's traditional Chinese medicine or Ayurvedo or herbs or chiropractic, all of these things.

1:22.3

And so he was the very powerful chair

1:26.7

of the Appropriations Committee in the Senate

1:30.2

that oversees the budget for the National Institutes of Health and he was able to more

1:35.0

or less single-handedly create this Office of Alternative Medicine at the NIH.

1:41.2

Which received, if I recall correctly, less than $20 million in its first budget year.

1:47.5

Much less than that, it actually started as a miniscule amount truly.

...

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