In his recent article in National Affairs, “Changing the FDA’s Culture,” Dr. Scott Gottlieb rightly takes the FDA to task for its retrograde attitudes on the approval of new drugs for sale in the United States market. But he is far too kind to the FDA.
In the run up to the Supreme Court’s decision on health care, few people will pay any attention to the Court’s most recent constitutional failure of intellectual nerve in Armour v. Indianapolis. But they should.
The European Union is exploring a move toward harmonization in the form of a common commercial code (CESL), with some mandatory provisions especially with respect to consumer law, but alsoincorporating a large dose of business-to-business law that would be optional at the enterprise, rather than jurisdictional, level.
The bad news about our stalled economy is distressing on two fronts. The unemployment rate recently crept back up to 8.1 percent and the stock market lost all its gain for 2012. The second reason concerns the long-term soundness of our institutions.
This discussion between Professor of Law M. Todd Henderson and Richard L. Sandor, (CEO, Environmental Financial Products, LLC, and Lecturer in Law at the University of Chicago Law School) was sponsored by the Law School and Chicago Booth School of Business and was recorded on April 17, 2012.