Banned since 1985, the FDA now declares MDMA a Breakthrough Therapy

What is this miracle drug? It’s ecstasy. The experimental MDMA program was created by a small group of researchers who, despite it being illegal, believed the drug had potential positive uses. For years these people and anyone who sided with them, were ridiculed and faced funding shortages and legal mazes.

It turns out, they were right. They have proven its usefulness. The drug happens to be the most promising tool in years for those coping with PTSD, for example, veterans.

The FDA has deemed it a “breakthrough” and has set it on a fast track for review and approval.

Dare you ask, why now? Dare we ask, why not let entrepreneurs research and let desperate patients try what they want? I mean, it’s their body, right?

Do you have an idea for a food or drug product? Unless you have the $2Million entry fee, forget it. The FDA should not even exist. It has been in operation since 1906. That’s a long time of delayed progress in the medical industry. This political organization has gotten used to playing God. They can choose winners and losers in the drug industry, hand out favors, create barriers to entry, and stall innovation. Even If they were able to identify and ban every bad drug, which they are not, how many patients have suffered or died because if this same type of delay?

As Bastiat mentions in his works, it is the Seen vs Unseen consequences that should be considered. What we can see is the FDA patting themselves on the back for banning a drug after it has failed or authorizing a special interest to enter the drug industry. What we cannot see, is the pain that could have been treated since 1985 when this one drug was banned.
If they delay in approving a drug, maybe no one dies from the drug. That is easier to explain than approving a drug that kills someone. Therefore, they have an incentive to wait and see, to wait so long that, you miss the real cost of having a central authority like this. While they are waiting real people in dire circumstances that would have accepted the risk of an experimental drug instead suffered or died. Those people don’t make it on the news. So the FDA sails on, oblivious, in this case, for 30 years.

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