Update on OTC Contraceptives
By David Henderson
In February, I wrote:
Nevertheless, there is a way that the federal government now cuts access to contraceptives in a way that substantially raises the cost. Were the government to get rid of the regulation that does this, women’s access to contraceptives would rise and the cost would fall.
What is the regulation? It’s the one that requires contraceptive pills to be prescription drugs. If, instead, drug companies were allowed to sell contraceptives over the counter, access would rise and cost would fall.
Since then there have been a number of pieces making the same point.
Virginia Postrel lays it out well here.
And now blogger Timothy Taylor, aka The Conversable Economist, makes the case here.
Could this be a case such as the ones Wayne A. Leighton and Edward J. Lopez talk about in their new book, Madmen, Intellectuals, and Academic Scribblers, in which the moment is ripe for change?