https://www.youtube-nocookie.com/embed/hTEFAeVBdKw
Further reading:
Safety and the Market Economy by Gene Callahan
What Keeps Us Safe? by Mark Thornton
Hazardous to Our Health? FDA Regulation of Health Care Products edited by Robert Higgs
The Regulated Consumer by Mary Bennett Peterson
The Seen, the Unseen, and the Unrealized: How Regulations Affect Our Everyday Lives by Per Bylund
Food Safety Regulation in the United States: An Empirical and Theoretical Examination by Tomohide Yasuda
Banning a Risky Product Cannot Improve Any Consumer’s Welfare (Properly Understood), with Applications to FDA Testing Requirements by Robert Higgs