Showing posts with label black market. Show all posts
Showing posts with label black market. Show all posts
Jacob Sullum: Chuck Schumer's Bogus Heroin Cure
Throwing good money after bad. Last month Sen. Chuck Schumer (D-N.Y.) asked for "an emergency
$100 million surge" in federal funding "to quickly combat the fact
that New York City has become the hotbed for the East Coast heroin
trade." Schumer declared that
"heroin trafficking and usage are at epidemic levels," adding that ... MOREGary North: The Illegal Marijuana Market Goes To Pot
Pot growers in Mexico are going bankrupt. Prices have fallen 75%. Why? It has been legalized in two states: Colorado and Washington. The price of pot has fallen 75%. This is basic economics. Competition drives down prices. But how? How does all that legal pot in two states get to other states? By car. Someone takes greenbacks into Colorado, ... MORE
The Economist: Prohibition And Drugs
Press down, pop up. The lesson politicians refuse to learn. Before “Breaking Bad”, there was “Miami Vice”. The 1980s television show pitted detectives in white linen suits against drugs traffickers who used the Caribbean as their point of entry into Florida. The route, at least, is back in fashion. The proportion of cocaine imports entering ... MOREAmerica Has A Black-Market Problem, Not A Drug Problem
by Conor Friedersdorf. General John F. Kelly, the head of the U.S. Southern Command,
testified last week before the Senate Armed Services Committee, where he
argued, as generals tend to do, that he has inadequate resources to
fulfill the missions assigned to him. Here's how the Associated Press summed up his statement: The U.S. ... MOREAmerica's First Marijuana Stores Open In Colorado
Rocky Mountain high gets a new meaning. America's first retail stores selling marijuana open for business in
Colorado on Wednesday, putting the western state in the vanguard of the
country's evolving attitudes on legalizing the drug. Officials in the state famous for its ski resorts and breathtaking
mountain vistas have issued 348 retail ... MORESilk Road 2.0 Resurrects Online Drugs Marketplace
Black market site adds new security measures. Silk Road, the online drugs marketplace which was shut down by the FBI in October, has been resurrected by a group of the site’s former moderators and users. Dubbed Silk Road 2.0, the new site taunts the authorities from the start with a login page that features a pastiche of the FBI’s seizure. ... MOREHigh Taxes Could Derail Marijuana Legalization
What if costs are pushed above black market price? When Congress banned marijuana in 1937, it did so in the guise
of taxation,
imposing a prohibitive levy on cannabis and created criminal
penalties for those who failed to pay it.
Marijuana taxes also played a prominent role in what may
be the beginning of the end for pot prohibition: the ... MOREFormer Police Push For Pot Legalization In Vermont
by Peter Hirschfeld. Backers of a push to legalize marijuana in Vermont are getting help from an unlikely source: retired police officers who spent their careers enforcing cannabis laws. Just months into Vermont’s new policy of decriminalization, several high-profile politicians are already talking about moving to outright legalization. ... MOREPot Legalization Effort Defies Stereotypes
by Steven Greenhut. While taking my daughter to a punk-rock concert a few years ago, I noticed something even more fascinating than fellow concert-goers’ hairdos and intricate tattoos. It involved some common behavior. Many people stood outside the venue, puffing cigarettes. When the doors opened, everyone — with no ... MOREJacob Sullum: The Doomed Economics Of Drug Prohibition
Drug war no match for incentives of the black market. One indisputable achievement of the U.S. war in Afghanistan, which overthrew a regime that alternately cracked down on opium production and profited from it, was an enormous increase in drug seizures. Between 2000 and 2010, according to a study published last week by the online ... MOREDr. Sanjay Gupta: Why I Changed My Mind On Weed
A doctor undertakes to study the issue. Over the last year, I have been working on a new documentary called "Weed." The title "Weed" may sound cavalier, but the content is not. I traveled around the world to interview medical leaders, experts, growers and patients. I spoke candidly to them, asking tough questions. What I found was stunning. ... MOREIs Uruguay's Marijuana Legalization Vote A Tipping Point?
Country chooses to stop drug-related violence. Within weeks, Uruguay is expected to become the first nation to legalize the production, distribution and use of marijuana for its citizens. The South American country's response to incessant drug-related violence in the region signals a quest for alternatives to the U.S.-led war on ... MORE
James Hamblin: There Will Always Be More Drugs
Another reason the war on drugs is a failure. A trillion dollars deep and arguably no further forward, the war on
drugs continues to meet new fronts. Only recently have designer drugs
taken hold in forms that effectively mimic the physiologic effects of
the substances we've spent decades and lives and fortunes to eliminate.
The target moves ... MOREJim Cardoza: Handing Gangs The Gun Concession
Time for us to check our premises. The tragedy of the American drug war is not just that it has been a failure. It has been an act of national self-destruction. It is one thing that it failed to diminish the availability of street drugs. It is quite another that it has provided vicious gangs with a lucrative black market funding mechanism while locking up scores ... MORE
Sin Tax Wars! 60.9% Of All Smokes In NY Go Untaxed
High taxes push consumers toward smugglers. With all the nonsense that’s been going on in the Empire State of late – especially the Governor’s successful gun rantings - I’d begun to worry that New York was doomed for mediocrity. But for better or worse, you just can’t keep the government of this state down. If we can’t lead in freedom, ... MORE
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