Just Say No
In his September 21 review of Ryan Grim’s book This Is Your Country on Drugs, Kyle Smith says the author “makes a largely persuasive case . . . that law-enforcement efforts don’t much alter the overall supply” of drugs. Well, let’s see. Under traditional economic theory, if you reduce the costs of production and distribution, decrease the barriers to entry in the market, and simplify marketing and sales, prices should drop and consumption should increase. Why is that not true in this case?
One reason, of course, is that drug dealers are criminals — and if drugs were legalized,