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There are plenty of clearly defective products in a barely regulated health-adjacent industry that don't lose marketshare: the entire supplement industry, including homeopathic and "herbal" remedies. Relying on free markets to regulate themselves depends on rational consumers. But we are not rational.


Its not really a problem for me if people buy homeopathic remedies. It is a problem for me that I can't buy cheap, effective epipen alternatives.




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