Tag Archives: University of Chicago

The Powerful “Black Effect” v. Peltzman’s Hyped Effect

By William K. Black

My title extends the humorous theme of I found in an article by Dr. David S. Pisetsky’s (M.D., Ph. D).  Pisetsky’s riff is that he was eager to become famous by announcing “Pisetsky’s Rules” about rheumatology treatment risks and discovered to his great disappointment that Sam Peltzman had got their first and the risk phenomenon Pisetsky wished to warn about was already known as the “Peltzman effect.”  

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