Think Freely Media presents Common Sense with Paul Jacob

Mark Thornton


Bureaucracies established by prohibition are inherently inefficient and unable to discover the knowledge required to solve social problems. Prohibition also suppresses the market’s ability to solve social problems, so that little or no progress is made while prohibitions are in effect. And finally, prohibitions create profit opportunities which add to the problems prohibition is intended to solve.

Dr. Mark Thornton, The Economics of Prohibition (1991).

By: Redactor

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