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Milton Friedman: Legalize It!
FORBES.COM WEEKLY NEWSLETTER , JUNE 06, 2005 ^ | 06.02.05, 12:01 AM ET | Quentin Hardy

Posted on 06/06/2005 8:42:41 AM PDT by Che Chihuahua

SAN FRANCISCO, CA - A founding father of the Reagan Revolution has put his John Hancock on a pro-pot report.

Milton Friedman leads a list of more than 500 economists from around the U.S. who today will publicly endorse a Harvard University economist's report on the costs of marijuana prohibition and the potential revenue gains from the U.S. government instead legalizing it and taxing its sale. Ending prohibition enforcement would save $7.7 billion in combined state and federal spending, the report says, while taxation would yield up to $6.2 billion a year.

The report, "The Budgetary Implications of Marijuana Prohibition," (available at www.prohibitioncosts.org) was written by Jeffrey A. Miron, a professor at Harvard , and largely paid for by the Marijuana Policy Project (MPP), a Washington, D.C., group advocating the review and liberalization of marijuana laws.

At times the report uses some debatable assumptions: For instance, Miron assumes a single figure for every type of arrest, for example, but the average pot bust is likely cheaper than bringing in a murder or kidnapping suspect. Friedman and other economists, however, say the overall work is some of the best yet done on the costs of the war on marijuana.

At 92, Friedman is revered as one of the great champions of free-market capitalism during the years of U.S. rivalry with Communism. He is also passionate about the need to legalize marijuana, among other drugs, for both financial and moral reasons.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Government
KEYWORDS: agriculture; drugs; freemarket; marijuana; miltonfriedman; wod; wodlist
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This is your brain on looney libertarianism. Any questions?

We can barely handle the social and economic costs of "legal drugs" like alcohol. So instead of throwing our hands up in frustration like libertarians, why not use the same shaming tactics on dopers that we use on smokers?

1 posted on 06/06/2005 8:42:41 AM PDT by Che Chihuahua
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To: Che Chihuahua
WE are still on it here:

http://www.freerepublic.com/focus/news/1414976/posts?page=399#355

 

2 posted on 06/06/2005 8:44:03 AM PDT by muawiyah (q)
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To: AdmSmith

pong


3 posted on 06/06/2005 8:44:42 AM PDT by nuconvert (No More Axis of Evil by Christmas ! TLR) [there's a lot of bad people in the pistachio business])
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To: Che Chihuahua
Look, dopers think that what they do is invisible to the rest of us.

It's part of the general sense of megalomania that most narcotics import. What is surprising is that feeling continues on into their brief, intermittent, periods of lucidity where they find themselves in FR trying to post.

4 posted on 06/06/2005 8:45:26 AM PDT by muawiyah (q)
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To: Che Chihuahua

Milton Friedman is no looney. He is a Nobel Prize (1976) winning economist. You may disagree with his conclusions, but he at least presents evidence to make his case.


5 posted on 06/06/2005 8:47:05 AM PDT by RKV ( He who has the guns, makes the rules.)
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To: Che Chihuahua

Ending prohibition enforcement would save $7.7 billion in combined state and federal spending, the report says, while taxation would yield up to $6.2 billion a year.
------
Rather than legalizing MJ, to save tax dollars, WHY NOT MAKE ILLEGAL ALIENS I-L-L-E-G-A-L and multiply that savings number by about TEN OR MORE. Sorry Mr. Friedman, you are looking in the wrong place to save tax dollars. Pick the LOW-HANGING FRUIT FIRST!


6 posted on 06/06/2005 8:47:46 AM PDT by EagleUSA
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To: muawiyah
Look, dopers think that what they do is invisible to the rest of us.

So do the drug warriors who have turned the poor neighborhoods into war zones, and used the WOD to trample all over the 2nd, 4th, and 10th amendments.

7 posted on 06/06/2005 8:47:50 AM PDT by Rodney King (No, we can't all just get along.)
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To: Che Chihuahua
Ending prohibition enforcement would save $7.7 billion in combined state and federal spending, the report says, while taxation would yield up to $6.2 billion a year.

The reason it will never end is because that $7.7 billion pays a lot of salaries in the law enforcement and prison industries.

8 posted on 06/06/2005 8:49:02 AM PDT by E. Pluribus Unum (Drug prohibition laws spawned the federal health care monopoly and fund terrorism.)
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To: muawiyah

Are you drunk?


9 posted on 06/06/2005 8:50:33 AM PDT by BrooklynGOP (www.logicandsanity.com)
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To: Che Chihuahua
This is your brain on looney libertarianism. Any questions?

Yeah.

The drug prohibition laws are what lead to the federal monopoly on health care.

Federal control is the reason health care costs are through the roof.

The Feds give free healthcare to any illegal alien who makes it across the border.

My question is: How do you feel about being a rabid supporter of socialize medicine via your rabid support of the controlled substance laws?

10 posted on 06/06/2005 8:52:00 AM PDT by E. Pluribus Unum (Drug prohibition laws spawned the federal health care monopoly and fund terrorism.)
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To: eyespysomething
I realize you saw this article last week when it was first posted, but this statement was so outrageous to me that I thought you'd get a kick out of it, too.

We can barely handle the social and economic costs of "legal drugs" like alcohol. So instead of throwing our hands up in frustration like libertarians, why not use the same shaming tactics on dopers that we use on smokers?

It makes me so angry to see the extent to which others wish to control their neighbors through legislation and regulation. The fact that the author of this opinion is a Republican shows the certain doom our nation faces. We are bound for socialism.

11 posted on 06/06/2005 8:52:07 AM PDT by SittinYonder (Tancredo and I wanna know what you believe)
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To: E. Pluribus Unum

bingo!


12 posted on 06/06/2005 8:52:15 AM PDT by bubman
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To: Che Chihuahua

Before the War on Drugs, nobody used those drugs.
Much of the really bad stuff out now, was invented during the war on some drugs.

I know lots of high ranking cops. They all favor decriminalization. Over a thirty year career, most come to realize it is a waste of time and does more harm to the Constitution than good for the citizenry.

But the JBT's do get to confiscate a lot of money and stuff without due process and they get to keep it all.

You'll see the War on Terror eventually go the same way, just like the War on Poverty.


13 posted on 06/06/2005 8:53:02 AM PDT by the gillman@blacklagoon.com (McCain or Hillary, two Manchurians in a pod.)
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To: Che Chihuahua

MJ should be legal for the simple reason that any activity that a person engages in that does not end your right to pursue life, liberty and happines through either fraud or force should be legal.


14 posted on 06/06/2005 8:54:54 AM PDT by Phantom Lord (Advantages are taken, not handed out)
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To: SittinYonder

Sad but true.


15 posted on 06/06/2005 8:55:07 AM PDT by the gillman@blacklagoon.com (McCain or Hillary, two Manchurians in a pod.)
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To: Che Chihuahua
I thing this would be exceedingly stupid, but it is probably going to happen. We as a nation are ripe for this. You are absolutely right about the social and economic costs, but well, that's why liberals like it. It will help them gain more social control and it will give them a "compassionate" excuse to raise our taxes. They probably also see an opportunity to get polical money donations from the newly legalized industry.

And druggies tend to vote Democrat.

16 posted on 06/06/2005 8:55:28 AM PDT by The Ghost of FReepers Past (Legislatures are so outdated. If you want real political victory, take your issue to court.)
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To: Che Chihuahua
Regardless of what one thinks should be the law, the fact is, pot is becoming, defacto, decriminalized. Why do I say that? I know people who have been found, by LEO, to have joints on them. One guy I know had a big ziplock bag stuffed with it. Caught red handed, but just let off with a warning. I think the LEO's are sick of pot-duty.

My guess is that, like sodomy, these laws, even when hardly ever enforced, will be kept on the books so that prosecuters have something else to pile on a defendant.

17 posted on 06/06/2005 8:59:47 AM PDT by Paradox (Who cares about his razor, I use Occam's Chainsaw!)
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To: The Ghost of FReepers Past
And druggies tend to vote Democrat.

What about drunkards?

18 posted on 06/06/2005 9:02:49 AM PDT by BrooklynGOP (www.logicandsanity.com)
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To: E. Pluribus Unum

When alcohol prohibition was repealed, guess where the 'revenuers" went - BATFE. Perhaps what we need is a diversionary strategy (post cannabis prohibition) to get the surplus LEOs into the Border Patrol. They stay employed doing something that is actually useful, and we get our freedom back.


19 posted on 06/06/2005 9:07:35 AM PDT by RKV ( He who has the guns, makes the rules.)
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To: the gillman@blacklagoon.com

It is sad but true. I generally don't get involved in the WOD disputes on FR, but lately I've started to. I don't understand why people can't see the inconsistency of their supposed belief in a limited federal government but then turn around and want all the money, all the laws, all the private property seizures in order to pursue this "war" on citizens of this country that THEY WILL NEVER WIN.

More and more I'm convinced that there is no turning back. We're bound to be a socialist state like Europe. I'm shocked by all the Freepers who cheer every time a cigarette tax is imposed or every time a city or state bans smoking but then will turn around in another thread and claim to be in favor of less government intervention.

The evidence is there: whether it's historical districts telling you that you can't have vinyl siding or a chain link fence, or the city council telling you that you can't smoke in a restaurant or the supreme court telling states that the federal government will not recognize medical marijuana laws.

Eventually the government's going to come for something that's important to you, but deemed inappropriate for the collective.

The four horsemen of the Socialist States of America are taxation, regulation, illegal immigration and public education.

The takeover is almost complete.


20 posted on 06/06/2005 9:08:42 AM PDT by SittinYonder (Tancredo and I wanna know what you believe)
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