I’m speaking at the Aspen Ideas Festival, June 25-28. I don’t have details yet, but will post when I do.
I still quaintly read the paper copy of the New York Times so I know that the left column of yesterday’s front page—judged by the editors as the second most important story of the day—was devoted to yet another exposé of supplement fraud.
The New York State attorney general did some sophisticated testing. His report concludes that major supplement retailers—GNC, Target, Walgreens and Walmart—are selling herbal supplements that do not contain what the labels say they contain or contain unlabeled ingredients that could be allergenic.
The examples are either amusing or shocking, depending on point of view:
I’ve been writing about this kind of thing for years, but two aspects of this story are news.
Why don’t people stop taking supplements when they hear things like this?
The major proven benefits of supplements are their placebo effects. The actual ingredients make no difference.
The obvious conclusion is that if you must buy supplements, buy the cheapest ones. But that doesn’t work either because more expensive supplements produce stronger placebo effects.
Placebo effects are great things, and I’m for them. But caveat emptor.
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