Denationalizing Drug Approval

"What one thing do you think that countries, companies or individuals must do to make the world a better place in 2008?"

Daniel Klein, economist at George Mason University, offers his answer to the Davos Question, saying that drugs approved in Canada, Britain, and other places gain automatic approval in the United States. The drug-approving agencies of recognized countries would become more responsive to the needs of humanity. The proposal is called Drug Approval Denationalization.