Saturday, June 11, 2005

Retailers say legalization is good business

DRC Net's newsletter has a great item on legalization support from unlikely quarters. Inspired by the recent report endorsed by Milton Friedman and 500 other economists, RetailWire.com released results from an informal membership poll indicating 72% of the retailers support the legalization of marijuana.

It simply makes good business sense as the accompanying report by Eric Sterling details. Sterling takes on the big picture and is right on as to the economic impact of prohibition on the rest of the legal business community and analyzes the social impact to society that inevitably impacts the business climate. Here's representative quote.
America's $50 billion per year retail drug business is the nation's greatest employer of killers and psychopaths. Drug prohibition assures that they are fully employed, well-armed, and standing on street corners throughout the nation.
The full pdf is available at the end of the DRC item. A pleasant read.

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