No, Politicians Can't 'Fix' Prices—and That's OK
Price controls lead to the misallocation of resources, shortages, diminished product quality, and black markets.
Price controls lead to the misallocation of resources, shortages, diminished product quality, and black markets.
The CDC’s numbers show that pain treatment is not responsible for escalating drug-related deaths.
If drug warriors really wanted to punish "those responsible" for the transgender activist's death, they would start by arresting themselves.
Over 1,500 types of wine are protected by European Union regulations.
Three years after the state legalized recreational marijuana, unauthorized weed shops outnumber licensed dispensaries by 23 to 1.
The judicially approved Brookline ban reflects a broader trend among progressives who should know better.
The reversal of a landmark reform was driven by unrealistic expectations and unproven assertions.
Recent research finds "no evidence" that it did, undermining a key claim by critics of that policy.
When the government is systematically interfering with medical decisions, a non-opioid alternative may not actually increase treatment options.
The year's highlights in blame shifting.
As of today, adults 21 or older in the Buckeye State may possess up to 2.5 ounces of marijuana and grow up to six plants at home.
The study is one of several documenting the perverse impact of an intervention aimed at reducing substance abuse.
There is no solid evidence that P2P meth is more dangerous than pseudoephedrine-derived meth and no reason to think it would be.
Newsom vetoed both reforms, which he deemed excessively permissive.
The Republican presidential candidate ignores the lethal impact of the drug policies he avidly supports.
Prohibition is at the root of the hazards that have led to record numbers of opioid-related deaths.
Many of the problems the state is experiencing are caused by the continuing impact of prohibition.
"Government in general does a lot of things that aren't necessary," says Jared Polis.
While the lethal effects of Iran’s booze ban are widely recognized, politicians ignore similar consequences from U.S. drug laws.
More than two years after legalizing recreational use, the state has just a dozen licensed retailers.
A study suggests that "selectively targeting large-scale drug vendors" on the dark web can succeed where all previous enforcement efforts have failed.
The harm caused by marijuana abuse does not justify reverting to an oppressive policy that criminalized peaceful conduct.
High taxes and heavy regulations are as effective as prohibition at creating black markets.
The emergence of the animal tranquilizer as an opioid adulterant illustrates once again how the war on drugs makes drug use more dangerous.
And now the state thinks it needs to crack down even more.
D.C. is destroying its thriving cannabis industry with bureaucracy and red tape.
It is hard to find evidence of this "disturbing trend."
These days, he may run for president. His politics have changed.
The country's strategy ignores the failures of prohibition.
By making e-cigarettes less appealing, it will discourage smokers from switching to a much less hazardous nicotine habit.
Lighter regulation is one likely explanation.
Freeing up Virginia’s liquor market is more worthwhile than just busting its whiskey black market.
An emphasis on corruption and enforcement downplays the very real influence of regulation and taxes on California's booming black market.
Bureaucrats say they want to save lives. But they're moving to block a tool that is proven to help smokers quit entirely.
According to new CDC numbers, the death toll rose 15 percent last year after jumping 30 percent in 2020.
The proposed rule, which targets the cigarettes that black smokers overwhelmingly prefer, will harm the community it is supposed to help.
Nearly two dozen towns that had said no to legal weed shops are reconsidering.
A sociologist spent 112 days tracking students' illicit deals for chips and other goodies.
A new 2022 law will punish anybody “aiding and abetting” unlicensed dealers. It will most certainly harm low-level workers.
If only they would apply that lesson to other goods and services.
Much of what government does is tax people to try to fix problems that government caused.
Officials publicly congratulate themselves for protecting teens, but they know that they’re prodding young people to switch to cigarettes.
This is the same agency that cost thousands of lives with its botched vaccine rollout.
Defying authoritarian laws helps to preserve freedom and to undermine prohibitions.
A politicized vaccine distribution process intended to take price out of the picture has given the edge to the rich, connected, and powerful.
Before putting testing rules in place, officials should have considered whether the public would be willing and able to comply.
Drug prohibition turns police officers into enemies to be feared rather than allies to be welcomed.
Bay State officials expect a new ban on flavored tobacco products to benefit illegal suppliers.