“Making a product illegal artificially and unnecessarily turns both users and suppliers into criminals.
Because illegality makes any product vastly more expensive than it would be in a free market, some users resort to crime to finance their habits. Because of the risks and artificially reduced supply, the profits to the suppliers are necessarily huge – not the simple businessman’s returns to be had from legal products.”
From Doug Casey, at internationalman.com:
Drugs are a charged subject everywhere. Longtime readers know that although I personally abstain from drugs and generally eschew the company of users, I think they should be 100% legal.
Few people consider how arbitrary the current prohibition is; up until the 1920s, heroin and cocaine were both perfectly legal and easily obtainable over the counter. Some people “abused” them, just like some today “abuse” fat and sugar (because they’re enjoyable).
But drugs are no more of a problem than anything else; life is full of problems. In fact, life isn’t just full of problems; life is problems. What is a problem? It’s simply the situation of having to choose between two or more alternatives. Personally, I believe in people being free to choose, and I rigorously shun the company of people who don’t.
Hysteria and propaganda aside, the fact is that most recreational drugs…
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