Daily Archives: August 19, 2021

Germany is the freest country in Europe; Norway, Lithuania, and Finland are the worst on the 2021 Nanny State Index

By Christopher Snowdon – Today sees the publication of the Nanny State Index, now in its fourth edition. Launched in 2016, it looks at the over-regulation of food, soft drinks, vaping, tobacco and alcohol in thirty European countries. Since the last edition was published in 2019, the COVID-19 pandemic has led governments around the world to impose coercive controls on an almost unprecedented scale.

The index does not include anti-Covid policies that are expected to be a genuinely temporary response to the pandemic, but the outlook is bleak nonetheless. Almost without exception, governments across Europe are adopting higher sin taxes and more prohibitions.

Norway tops the league table, although that could change once it legalises e-cigarettes. Lithuania, with its heavy temperance legislation, is again in second place while Finland drops to third. The top of the table is dominated by Scandinavia and Eastern Europe. Greece is the only country from southern Europe in the top half, largely thanks to its very high sin taxes on alcohol and tobacco. At the more liberal end of the table, the best countries are a mixed bag. Germany has performed the extraordinary feat of having the lowest score in all four categories of the index. more>

Updates from Chicago Booth

A new approach to ensuring drugs are safe
Researchers propose a new empirical method for monitoring and evaluating the safety of drugs already on the market
By Sarah Kuta – In May 2007, the US Food and Drug Administration issued a strict warning for rosiglitazone after studies linked the approved diabetes drug to an increased risk of heart problems. Use of the drug plummeted 78 percent in 15 months; annual sales dropped from $3 billion to $183 million.

In 2013, following additional studies of the drug’s safety, the FDA reversed course and removed restrictions on rosiglitazone. But it was too late to undo the damage caused by their initial warning—sales never recovered, and patients had to resort to taking potentially less suitable medications.

The FDA could have prevented this six-year roller-coaster ride if it had taken a more robust, data-driven approach to its postmarket drug surveillance process, suggests research by Southern Methodist University’s Vishal Ahuja, Texas Tech’s Carlos Alvarez, and Chicago Booth’s John R. Birge and Chad Syverson.

Using rosiglitazone as a retrospective case study, the researchers propose a new empirical method for monitoring and evaluating the safety of drugs already on the market. Their approach uses large, relevant, and reliable longitudinal databases and established econometrics methods to assess the relationships between approved drugs and potentially related adverse health events.

This evaluation method could help prevent incorrect drug recalls and warnings that cause financial consequences for drugmakers, confusion among doctors, and potential harm to patients’ health, the researchers argue. more>

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Updates from ITU

Countries ramp up cybersecurity strategies
ITU – The latest Global Cybersecurity Index (GCI) from the International Telecommunication Union (ITU) shows a growing commitment around the world to tackle and reduce cybersecurity threats.

Countries are working to improve their cyber safety despite the challenges of COVID-19 and the rapid shift of everyday activities and socio-economic services into the digital sphere, the newly released 2020 index confirms.

According to GCI 2020, around half of countries globally say they have formed a national computer incident response team (CIRT), indicating an 11 per cent increase since 2018. Rapid uptake of information and communication technologies (ICTs) during the COVID-19 pandemic has put cybersecurity at the forefront. more>

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Idea sharing for a new sense of purpose

By Francisco Jaime Quesado – Diogo Vasconcelos, the Portuguese politician who focused his work on innovation and on the fundamental role of ICT and next-generation broadband and who died a decade ago, was a very innovative entrepreneur and social innovator. He believed that society must have the ambition to push for a better future that would be based on the concept of excellence.

Vasconcelos’ message focused on the idea of rethinking and renewing the concept of an open society in which it would transform into a strategic idea that different civilizations, religions and ideas into direct contact with one another.

This agenda of sharing ideas is the point of departure and the point of arrival of a new way for citizens and institutions to create a new contract of trust, as sharing ideas creates a new sense of purpose.

Society will face a new reality post-pandemic, and public policy figures will have to decide on the most suitable strategy for the development of a new agenda for growth. At a time of uncertainty and uncontrolled global financial crisis as a result of the COVID-19 outbreak, an agenda of idea-sharing must focus its attention on launching an agenda of collective intelligence that is centered on effective value creation and citizenship engagement. more>