To conquer crippling diseases like Alzheimer’s, the agency must change its whole approach to clinical drug trials.

Technology and innovations are changing patterns of behaviour and how we live more rapidly than anything in history.

The current approach to mitigating hydraulic fracturing’s risks is top-down, command-and-control government regulation. But this system is highly inefficient and ineffective at balancing the risks and rewards of fracturing. Why? Regulation imposes costs on consumers, typically benefits special interests, limits competition, and shields bad actors from liability. Meanwhile, property rights and water markets can better mitigate the risks, while also promoting the benefits.

All forms of energy production have their risks, but scientific research suggests that hydraulic fracturing’s risks of water use, water contamination, or induced seismic activity from improper fluid disposal are rare, overblown, or easily mitigated. Like other energy productions, we have to weigh the risks and rewards. Estimates suggest fracturing will create almost 4 million jobs and pump almost $500 billion in the U.S.’s economy by 2035.