From some cursory searches online i can find no economic or critical analysis of this act, has anyone came across anything?
We can't let such a government regualtion go without a couple of libertarian jabs and uppercuts
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The Fair Packaging and Labeling Act (FPLA or Act), enacted in 1967, directs the Federal Trade Commission and the Food and Drug Administration to issue regulations requiring that all "consumer commodities" be labeled to disclose net contents, identity of commodity, and name and place of business of the product's manufacturer, packer, or distributor. The Act authorizes additional regulations where necessary to prevent consumer deception (or to facilitate value comparisons) with respect to descriptions of ingredients, slack fill of packages, use of "cents-off" or lower price labeling, or characterization of package sizes. The Office of Weights and Measures of the National Institute of Standards and Technology, U.S. Department of Commerce, is authorized to promote to the greatest practicable extent uniformity in State and Federal regulation of the labeling of consumer commodities.
There are some exceptions
automotive products
greeting cards
school supplies
bottled gas for heating or cooking
hardware
sewing accessories
Christmas light sets
inks
small arms ammunition
cigarette lighters
lawn and garden supplies
souvenirs
clothing and other textiles
magnetic recording tape
stationary and writing supplies
durable goods
paints and kindred products
threads
gift ties and tapes
pet care supplies
tools
gift wraps
safety flares
toys
safety pins
typewriter ribbons
Read until you have something to write...Write until you have nothing to write...when you have nothing to write, read...read until you have something to write...Jeremiah
The government is going to have to do SOME things to keep up its PR....
How is this different from all other government acts of sabotage? Do we need a critical analysis for every single Act out there?
In the unhampered market economy, the consumer can basically have whatever he's willing to pay for. There! submit that to the Libertarian Journal.
I don't really know about this act, but from what I can tell, it's regarded as one of the generally more innocuous acts regarding the FDA. The really crucial ones seem to be the Kefauver-Harris Amendments of 1962, and the Food, Drug and Comsetic act of 1938.
The Independent Institute has a great section on the FDA.
http://www.fdareview.org/history.shtml
In fact, they don't even mention the fair labeling act.