“As I have written before, drug prohibition is (literally) ‘a textbook example of a policy with negative unintended consequences’ most visible in the extensive criminal underground and widespread violence associated with prohibition. What can we expect from legalization, and what could we expect from further liberalization of drug laws? 1.
Less Crime. 2. Lower Demand for Hard Drugs Like Crack and Crystal Meth. 3.
A ‘Peace Dividend’ From Scaling Back the Drug War. Yesterday’s results are historic because the results in Colorado and Washington show that ending prohibition can win at the ballot box.”
Related posts:
The U.S. Will Regret Intervention in Syria
Lessons from the First Jobs of Financial Gurus
Krugman thinks low interest rates are behind the boom in paper currency. Not so fast!
The British Empire in Yemen
Bradley Manning: The Mighty Fist!
Precious Metals Power Summit 2013
The Manning Show Trial: These Teachable Moments
North Korea Is Like a Misbehaving Child—Ignore It
Investors Say: “Mises Was Right!”
Top Dems urging Obama to raise debt ceiling all voted against increase in ’06
Global Debt Bomb Continues Ticking Into 2017
TSA: Ask the Fed for Relief...From the Fed?
Your Money Isn't Safe In Any U.S. Financial Institution
Bringing back the Somali shilling
Bill Bonner: What a wicked world!