Exactly four years ago today, I wrote about the patent medicine enterprises of the late 19th century: the realm of hucksters who preyed upon the vulnerable and gullible in an unregulated environment. It seems we’re on our way to a similar model, the future envisioned for us by those who see regulation of purity for food and drugs as just one more intrusion by Big Government in our otherwise idyllic lives.
I think it may be time for that story to take hold here. Deregulation, its benefits and consequences.