“Repealing drug laws would remove the risks involved with producing and distributing drugs, bringing 'street prices' crashing down (it's estimated that a 'spoon' of heroin would cost about a quarter in the free market), thereby eradicating any incentive that criminals might have to compete with legitimate businesses, and greatly reducing — if not eliminating altogether — any economic reason to 'push' drugs on children.”

—  L. Neil Smith

"Some Random Thoughts About the War On Drugs".

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Repealing drug laws would remove the risks involved with producing and distributing drugs, bringing 'street prices' cra…" by L. Neil Smith?
L. Neil Smith photo
L. Neil Smith99
American writer 1946

Related quotes

“Many individuals in government don't seem to understand the laws of economics. Most of them — aside from those in Congress — seem to be concentrated in the area of 'drug enforcement'. They often brag at news conferences that their interception of drugs between producer and consumer has raised the 'street value' of the drugs, meaning that the drugs are now scarcer than they were. What these statists stubbornly refuse to acknowledge is that this only increases the market incentive to cash in on those higher prices by making up for the artificial scarcity.”

L. Neil Smith (1946) American writer

"Some Random Thoughts About the War On Drugs".

James P. Gray photo

“Every time the penalties for selling drugs are raised, adult drug traffickers have an extra incentive to recruit children for their drug transactions.”

James P. Gray (1945) American judge

Source: Why Our Drug Laws Have Failed and What We Can Do About It: A Judicial Indictment of the War on Drugs, 2011, p. 53

“The natural effect of unfettered market competition is socialism. For a short time the innovator receives a large profit, as a reward for being first to the market. Then, as competitors adopt the innovation, competition drives these profits down to zero and the price gravitates toward the new, lower cost of production made possible by this innovation (that price including, of course, the cost of the producer’s maintenance and the amortization of her capital outlays). So in a free market, the cost savings in labor required to produce any given commodity would quickly be socialized in the form of reduced labor cost to purchase it.”

Kevin Carson (1963) American academic

"Who Owns the Benefit? The Free Market as Full Communism" https://theanarchistlibrary.org/library/kevin-carson-who-owns-the-benefit-the-free-market-as-full-communism (2012)

James P. Gray photo

“The effect of our drug policy on the health of people who use illicit drugs stem from four basic problems: (1) a lack of information about medial hygiene, because our laws push drug users away from the medical professionals who can help them; (2) no quality control regarding either the strength or purity of illicit drugs; (3) the inability of many drug users to prepare and use injectable drugs under more medically hygienic conditions;… and (4) the enormous pressure on drug addicts to engage in dangerous criminal activity, such as prostitution, burglary and drug dealing, in order to get the money to purchase these artificially expensive drugs.”

James P. Gray (1945) American judge

Source: Why Our Drug Laws Have Failed and What We Can Do About It: A Judicial Indictment of the War on Drugs, 2011, pp. 126-127

David Boaz photo

“A Justice Department survey reports that 70 percent of those arrested for serious crimes are drug uses, which may mean that "drugs cause crime." A more sophisticated analysis suggests that the high cost of drugs, a result of their prohibition, forces drug users to turn crime to support an unnecessarily expensive habit.
Drug prohibition, by giving young people the thrill of breaking the law and giving pushers a strong incentive to find new customers, may actually increase the number of drug users. Moreover, out policy of pressuring friendly governments to wipe out drug cultivation has undermined many of those regimes and provoked resentment against us among their citizens and government officials.
We can either escalate the war on drugs, which would have dire implications for civil liberties and the right to privacy, or find a way to gracefully withdraw. Withdrawal should not be viewed as an endorsement of drug use; it would simply be an acknowledgment that the cost of this war- billions of dollars, runaway crime rates and restrictions on our personal freedom — is too high.”

David Boaz (1953) libertarian, author and editor

"Let's Quit the Drug War" in The New York Times (17 March 1988) http://www.cato.org/research/articles/boaz-880317.html

James P. Gray photo

“Similarly, when drug users are forced to steal or prostitute themselves in order to get money to buy artificially expensive illicit drugs from the criminal underworld, that is a Drug Prohibition problem more than it is a drug problem. So too is the diversion of billions of dollars from the prosecution of violent street crime and fraud to the prosecution of hundreds of thousands of non-violent drug sellers and millions of drug users a distinct problem of Drug Prohibition.”

James P. Gray (1945) American judge

Source: Why Our Drug Laws Have Failed and What We Can Do About It: A Judicial Indictment of the War on Drugs, 2011, p. 10

William F. Buckley Jr. photo

“The cost of the drug war is many times more painful, in all its manifestations, than would be the licensing of drugs combined with intensive education of non-users and intensive education designed to warn those who experiment with drugs.”

William F. Buckley Jr. (1925–2008) American conservative author and commentator

The War On Drugs Is Lost (1995)

Ron Paul photo

“I would like to believe that if we had a freer society, it would take care of blacks and whites and everybody equally because we're all individuals. To me, that is so important. But if we had equal justice under the law, I think it would be a big improvement. If we had probably a repeal of most of the federal laws on drugs and the unfairness on how blacks are treated with these drugs laws, it would be a tremendous improvement.”

Ron Paul (1935) American politician and physician

Your Legacy on Race http://www.channels.com/episodes/13077589?page=2, Republican Candidates &quot;All-American Presidential Forum&quot; http://www.presidency.ucsb.edu/ws/index.php?pid=75913#axzz1hrPWCrSG (2007) <br class="br">2000s, 2006-2009

Jesse Ventura photo

“We shouldn't be wasting so much time and so many resources on prosecuting consensual crimes such as prostitution and drug possession. I hold drug possession and drug dealing as two totally different concepts. The drug dealers who resort to deadly street violence should be dealt with severely as the criminals they are.”

Jesse Ventura (1951) American politician and former professional wrestler

I Ain't Got Time To Bleed (1999)
Context: We shouldn't be wasting so much time and so many resources on prosecuting consensual crimes such as prostitution and drug possession. I hold drug possession and drug dealing as two totally different concepts. The drug dealers who resort to deadly street violence should be dealt with severely as the criminals they are.
But we have to become willing to admit as a nation that our war against drugs has failed. And we have to start looking for other solutions. I want the drug business stopped. But I know it never will stop as long as people want the drugs. It's supply and demand. You can even get drugs in prison.

“America didn't have a drug problem before it passed drug laws.”

L. Neil Smith (1946) American writer

"Some Random Thoughts About the War On Drugs".

Related topics