Deliberately designed correction machinery holds where a party harmed by the error is funded and has standing to protest it, and degrades into ceremony where the injured party is diffuse, delayed or absent. The design of the mechanism is therefore not what determines whether it corrects; the presence of a constituency with something to lose is.

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well-financed and effective lobby for both sides of the regulatory decision debate for pharmaceuticals developed by pharmaceutical manufacturers. The manufacturers are often very large corporations, anxious to recoup investments that may run to the hundreds of millions of dollars. The consumer side

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Egregious errors are likely to generate effective protest by the injured party

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inherent, perhaps inescapable, bias in the system towards prohibiting new substances about which little is known. The negative consequences to decision makers of permitting on the market, in any way, a drug that later turns out to be dangerous are very high. T

groundsWhy Nations Fail

willing to push back attempts to vitiate the Court’s independence. That has been the case in the United States, but not Argentina. Legislators there w