On Sun, Mar 9, 2014 at 1:34 PM, John Clark <[email protected]> wrote: > > > > A black market degenerates into a cutthroat cartel >> > True, but the blackness of the market has nothing to do with the nature of > the commodity being transacted, it's black because somebody in government > decided to make it black. Tobacco has killed many orders of magnitude more > people than Meth and all other illegal drugs put together, but the market > for tobacco is not black because somebody in government decided that > particular drug is not illegal; so when tobacco deals go bad they don't > machine gun each other, they sue each other. >
John, I repeat my question from earlier--if you disapprove of laws to make it illegal for people to make and sell drugs that lawmakers judge too damaging to society, do you also disapprove of laws to make it illegal for people to make and sell pharmaceutical drugs that some pharmaceutical company owns the patent for and wants to have exclusive rights to sell at a much higher cost than the cost of manufacture? Is the black market in drugs that violates pharmaceutical companies' "intellectual property" an example of the "free market" at work, or not? Jesse -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/everything-list. For more options, visit https://groups.google.com/d/optout.
