- Bob first reviews the standard libertarian case for legalizing drugs as the way to neutralize the Mexican drug cartels.
- Then he plays a recent clip where Dave Smith argues that drug prohibition leads to violence because (among other factors) you can’t call the cops if someone steals your product.
- Bob argues that libertarians should stop making this (invalid) argument.
Bob’s Lessons for the Young Economist: Mises.org/HAP490a
Part of the Problem Episode 1233: Mises.org/HAP490b
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What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.
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