The Adventures of Shylock Holmes

Among most economists (among whom I count myself as one), free trade is a pretty strongly favoured policy. The reasons for this are fairl...

Poverty, to an economist, is mostly an abstract matter. Just like GDP is a number and unemployment is a number, the poverty rate is also mos...

Two days ago, the Feds finally shut down the  Silk Road , the online marketplace for drugs, guns, hitmen and other miscellaneous highly ill...

There was this great piece on Hacker News a little while ago on the  Silk Road . Apparently it's possible to buy drugs over the internet...

From Pax Dickinson : "Mr. President, would the US be better off today if you'd been prosecuted for smoking pot as a youth, or are...

The bad news: Chicago is broke, homicides are up 37% this year, and the police department is feeling the strain. The good news:  Chicago i...

Penn Jillette unloads on the Obama administration  about the fact that he continues to support drug policies that lock people up for doing e...

We previously encountered this country's illustrious drug czar, Gil Kerlikowske, here , making ridiculous claims that the drug war has e...

Apparently the War on Drugs has ended! I know this because I read as much from Gil Kerlikowske, director of the Obama administration's ...