HEALTH CARE:
Joe Camel: Brought to You by the FTC*

By David R. Henderson

Why didn't tobacco companies ever compete with one another to produce safer cigarettes? It turns out that many years ago they started to do just that--until the federal government stopped them. Hoover fellow David R. Henderson explains why Washington regulators are hazardous to your health.

*This article is available only in the print edition of the Hoover Digest. Click here to request a free issue.

David R. Henderson is a research fellow with the Hoover Institution. He is also an associate professor of economics at the Naval Postgraduate School in Monterey, California.