Question

To ensure safety and efficacy, the Food and Drug Administration regulates then medicines that pharmacies are allowed to sell in the United States. Sometimes this means a company must test a drug for years before it can reach the market. We can easily identify the winners in this system as those who are protected from unsafe drugs that might otherwise harm them. Who are the more anonymous losers who suffer from strict medical regulations?

Short answer

The more anonymous losers who suffer from strict medical regulations are the patients who require those treatments immediately.

Step-by-step solution

Step 1. Rational Ignorance

Rational Ignorance is the theory that rational people will not vote if the costs of becoming informed and voting are too high or because they know their vote will not be decisive in the election.

Step 2. The more anonymous losers.

The more anonymous losers who suffer from strict medical regulations are the patients who require those treatments immediately. Since the research, trial, and approval take many years the U.S. drug-sellers have limited drugs. The regulations make the drug sellers and patients suffer more.