Marginal Revolution: Just how good would drug legalization be?
The local gang either shifts its monopoly to another area (milk and sugar , if need be), or de facto the gang’s local monopoly on the drug trade continues. The gang busts you if you try to get your supply of crack cocaine from Merck. I call this the Rio de Janeiro model; …..
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Marginal Revolution: Just how good would drug legalization be?
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