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38 search results for: drug

25

The ultimate policy?

If there was a way that the government could: Reduce government debt levels, Cut income taxes, Destroy the Green party and eat up sections of Labour support. Would it want to do it?  I suspect so. As a result, why aren’t they legalising and taxing drugs? Note:  None of these provide particularly good reasons for […]

26

Competition for Ecstasy

Via Dim Post there is an article from the Herald discussing competition in the illicit drug market.  The main point is: Ecstasy dealers are competing “like Pepsi and Coke” to sell their drug Now, after reading this statement my first reaction was “good!” Why?  Well, if their is competition in the industry it will improve […]

27

Drink heavily tonight

Because it makes you smarter: (Source Marginal Revolution) Note: I am joking, this is not causality.  For one we don’t have a quantity measure of drinking, and the impact of drinking on intelligence is no doubt non-linear.  In fact, you could make the argument that “smarter” people know how control their own alcohol consumption, and […]

30

Some issues with GDP

Recently Peter Cresswell from Not PC asked me if I understood the difference between production and consumption.  I know that consumption is what we value and I know that production is what we do in order to achieve consumption.  As a result, I see production as a means to an end – the costly process […]