Richard Ebeling reminds me that today is the 40th anniversary of Richard Nixon’s declaration of a “
war on drugs” war on peaceful people who choose to use intoxicants that the government disapproves of. Jimmy Carter, writing in today’s New York Times, calls for its end.
Speaking of the “
war on drugs” war on peaceful people who choose to use intoxicants that the government disapproves of, I’m delighted to find an ungated link to an essay that I regard to be especially compelling on this front: Randy Barnett’s 1994 Yale Law Journal article “Bad Trip.”
Over at EconLog, David Henderson rightly calls out Ron Paul and other Republican presidential hopefuls for their confusion and misunderstanding of the state of manufacturing, and its significance, in the modern American economy. Sheesh. These people ought to regularly read Mark Perry’s Carpe Diem.
How much did the tax cuts under Pres. George W. Bush contribute to today’s budget deficit? Here’re some data.