"Many individuals in government don't seem to understand the laws of economics. Most of them — aside from those in Congress — seem to be concentrated in the area of 'drug enforcement'. They often brag at news conferences that their interception of drugs between producer and consumer has raised the 'street value' of the drugs, meaning that the drugs are now scarcer than they were. What these statists stubbornly refuse to acknowledge is that this only increases the market incentive to cash in on those higher prices by making up for the artificial scarcity."
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Activists from the United StatesNovelists from the United StatesEssayists from the United StatesPolitical activistsLibertarian Party (United States) politicians
Original Language: English
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"Some Random Thoughts About the War On Drugs".
https://en.wikiquote.org/wiki/L._Neil_Smith
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L. Neil Smith
Lester Neil Smith III (12 May 1946 – 27 August 2021), also known by his nickname El Neil, was a libertarian science fiction author and political activist, whose works include the novels Pallas, The Forge of the Elders, and The Probablity Broach, each of which won the Libertarian Futurist Society's annual Prometheus Award for best libertarian novel.
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