On the upside, there was no lead involved:
Food and Drug Administration inspectors in April found that McNeil Consumer Healthcare, which has voluntarily recalled certain lots of its children’s and infants’ Tylenol products, knowingly used bacteria-contaminated materials to make them, a report posted Tuesday by the agency says.
It is a shame that the invisible hand was not given more time to sort this out. In a true free market, we would have allowed the banks to fail let a bunch of people get sick and die from tainted medicine, and consumers would quickly get the message and the offending company would go out of business. Instead, we get the heavy hand of government stepping in and screwing everything up.
Clearly Another Case of Excessive RegulationPost + Comments (110)