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Milton Friedman: Legalize It! (The Budgetary Implications of Marijuana Prohibition)
Forbes.Com ^ | June 2, 2005

Posted on 06/02/2005 4:40:30 AM PDT by Wolfie

Milton Friedman: Legalize It!

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.

"There is no logical basis for the prohibition of marijuana," the economist says, "$7.7 billion is a lot of money, but that is one of the lesser evils. Our failure to successfully enforce these laws is responsible for the deaths of thousands of people in Colombia. I haven't even included the harm to young people. It's absolutely disgraceful to think of picking up a 22-year-old for smoking pot. More disgraceful is the denial of marijuana for medical purposes."

Securing the signatures of Friedman, along with economists from Cornell, Stanford and Yale universities, among others, is a coup for the MPP, a group largely interested in widening and publicizing debate over the usefulness of laws against pot.

If the laws change, large beneficiaries might include large agricultural groups like Archer Daniels Midland and ConAgra Foods as potential growers or distributors and liquor businesses like Constellation Brands and Allied Domecq, which understand the distribution of intoxicants. Surprisingly, Home Depot and other home gardening centers would not particularly benefit, according to the report, which projects that few people would grow their own marijuana, the same way few people distill whiskey at home. Canada's large-scale domestic marijuana growing industry ( see "Inside Dope" ) suggests otherwise, however.

The report will likely not sway all minds. The White House Office of Drug Control Policy recently published an analysis of marijuana incarceration that states that "most people in prison for marijuana are violent criminals, repeat offenders, traffickers or all of the above." The office declined to comment on the marijuana economics study, however, without first analyzing the study's methodology.

Friedman's advocacy on the issue is limited--the nonagenarian prefers to write these days on the need for school choice, calling U.S. literacy levels "absolutely criminal...only sustained because of the power of the teachers' unions." Yet his thinking on legalizing drugs extends well past any MPP debate or the kind of liberalization favored by most advocates.

"I've long been in favor of legalizing all drugs," he says, but not because of the standard libertarian arguments for unrestricted personal freedom. "Look at the factual consequences: The harm done and the corruption created by these laws...the costs are one of the lesser evils."

Not that a man of his years expects reason to triumph. Any added revenues from taxing legal marijuana would almost certainly be more than spent, by this or any other Congress.

"Deficits are the only thing that keeps this Congress from spending more" says Friedman. "Republicans are no different from Democrats. Spending is the easiest way to buy votes." A sober assessment indeed.


TOPICS: Culture/Society
KEYWORDS: bongbrigade; cary; donutwatch; miltonfriedman; wodlist
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To: PGalt
At 92, or at 22 Friedman has lost his mind.

Wow! I was, at first, inclined to agree with him, but now that I read your post, I see the error of my ways. I now understand, because of your in-depth analysis, that Friedman has lost his mind. After seeing your brilliant point-by-point deconstruct of the arguments presented, I must admit that all the facts in the article are simply fantasies of a deranged soul, and that the exact opposite, therefore, must be true. Thank you.

41 posted on 06/02/2005 6:31:37 AM PDT by tnlibertarian ("In my opinion, they have no rights, except a safe return to their homeland. - "Robert Vazquez")
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To: ActionNewsBill
Will also : Create a new three-year mandatory minimum for parents who witness or learn about drug trafficking activities, targeting or even near their children, if they do not report it to law enforcement authorities within 24 hours and do not provide full assistance investigating, apprehending, and prosecuting the offender.

I heard about this. It's nothing but hearsay, and the final decision to report should be my choice. Anyone comes to take me from my home and family for three years over not reporting "drugs near my children" is in for a fight. Badge or no badge, you draw the line somewhere, and that would be it for me.
42 posted on 06/02/2005 6:33:19 AM PDT by zencat (The universe is not what it appears, nor is it something else.)
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To: Wolfie
Everyone has different life experiences that have lead us to different conclusions on many matters. My personal life experience with pot has been that it is nowhere as destructive health wise as either cigarettes or alcohol.

On vices in general, I think people are predisposed for whatever reason to addictive behaviors. Regardless of whether it is cigarettes, Jack Daniels or pot, whatever, if you are prone to becoming an abuser, the drug of choice is whatever you can get. I have tried all of the above in my life and quit. Nicotine is by far the most addictive with the highest long term risk to health. Alcohol the most dangerous with the most near term risk to health. Pot just makes you stupid for a period, which was OK for a movie, but not a state I found desirable.
43 posted on 06/02/2005 6:34:04 AM PDT by IamConservative (To worry is to misuse your imagination.)
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To: Nucluside
I saw too many "burnouts" from Pot in CA. Including those permanently impaired from ingestion of too much "liberal" orthodoxy. I agree with yours in re education: "teaching to the brighest, and letting the rest go to technical schools".

Can ya imagine the college booksstore cashier counters featuring items for sale: Pens, Pencils, Dubes. Gives new meaning to "getting in on the same page with your mentor". Instead of "Monday Nights with Timothy Leary".. we can have whole classrooms devoted to "phwamming and tripping on the road", and then those classrooms devoted to studying the effects of pot on "conversation".

"Hey! I took Professor XXX's class on Pot 1. Er, was that Part 1. No no. It was Pol-Pot. I think it was about political pot but I didn't get the part about something 'camer rushe". Maybe it's a new type of lens for cameras. Yah! That's what it was about, dude. We learned about photography. It was really cool.

44 posted on 06/02/2005 6:36:07 AM PDT by Alia
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To: OldFriend
That's where it ends,they may legalize it but you are going to see alot more drug testing laws....you wanna smoke dope? you aren't working here!

I would hope that your school district uses drug testing for drivers....I still cannot believe my company does not do it yet,we got the "no guns" signs on the doors already

45 posted on 06/02/2005 6:36:12 AM PDT by Minnesoootan
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To: DManA
Wonder why he's so obsessed with this issue. So much we could use his wisdom on much more important.

You consider wasting $7.7 billion not particularly important?

46 posted on 06/02/2005 6:37:53 AM PDT by Hemingway's Ghost (Spirit of '75)
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To: Nathan Zachary
Elephants, domestic animals . . .even YELLOW JACKETS (!)appear to relish getting drunk on the fermented fruit in the Fall.

Could it be that altering consciousness is instinctive - not only to humans but to others of all species as well?

If so, then wouldn't outlawing 'drugs' be the equivalent of making instinctive processes illegal? Thus, does this not make the WOD as reasonable as , perhaps, the War on Sex or the War on Sleep, perhaps even the War on Breathing?

47 posted on 06/02/2005 6:38:18 AM PDT by doberville (Angels can fly when they take themselves lightly)
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To: Nathan Zachary
Better yet, people should just quit smoking the stuff. That will save billions too, and free up law enforcement for other tasks. We don't need legalized mj, there are enough pot heads walking around in a daze as it is, we don't need to encourage it.

Go back to the minors with this argument, rookie.

48 posted on 06/02/2005 6:41:48 AM PDT by Hemingway's Ghost (Spirit of '75)
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To: OldFriend
Well, I just can't wait till the school bus driver negotiates our steep hills and curves while on pot.

Why do people like you automatically assume the mere legality of something would mean that people who want to use that thing would use it 24 hours a day, 7 days a week? Beer is legal for adults over the age of 21. Plenty of people love beer, and drink it. Do you then assume all people who love and drink beer do so 24 hours a day, 7 days a week?

49 posted on 06/02/2005 6:45:04 AM PDT by Hemingway's Ghost (Spirit of '75)
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To: SittinYonder

Milton Friedman signs onto pot legalization ping.


50 posted on 06/02/2005 6:46:45 AM PDT by eyespysomething (Peace - that brief moment in history where everyone stands around reloading.)
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To: Hemingway's Ghost

Why do some people pretend that drug users are rational and make reasoned decisions about their lifestyle.


51 posted on 06/02/2005 6:48:15 AM PDT by OldFriend (MAJOR TAMMY DUCKWORTH.....INSPIRATIONAL)
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To: Red Badger

"The war on drugs is so silly as to be a joke of multi-billion dollar proportions."

Except that it has had such horrible effects on our society. Thousands in prison needlessly, billions spent needlessly, and increased government powers including confiscation of private property. The police state aspects of "The War on Terror" would have been much less acceptable if Americans already hadn't been conditioned to similar excesses by "The War on Drugs". Nice to have wars that never end, and aren't winnable...think of the power that hands the government.

It needs to stop.


52 posted on 06/02/2005 6:50:02 AM PDT by PreciousLiberty
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To: OldFriend
Why do some people pretend that drug users are rational and make reasoned decisions about their lifestyle.

Excuse me?

53 posted on 06/02/2005 6:50:30 AM PDT by Hemingway's Ghost (Spirit of '75)
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To: OldFriend

"Well, I just can't wait till the school bus driver negotiates our steep hills and curves while on pot."

So I presume he's currently smashed on the legally available whiskey?

BTW, people intoxicated on cannabis are better drivers than drunks - studies have proven it.


54 posted on 06/02/2005 6:52:52 AM PDT by PreciousLiberty
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To: DManA

I think he means that you sound like Yoda.

Pass the Kutchie man!


55 posted on 06/02/2005 6:55:56 AM PDT by krb (ad hominem arguments are for stupid people)
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To: Wolfie

Would you potheads just give it a rest!


56 posted on 06/02/2005 6:56:46 AM PDT by Redleg Duke (Don't let Terri's death be in vain!)
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To: PreciousLiberty
We declared War on Poverty (LBJ)and we lost.

We declared War on Drugs (JEC)and we lost.

We declared War on Terrorism (GWB)and we..........

57 posted on 06/02/2005 6:56:52 AM PDT by Red Badger (Want to be surprised? Goooooooogle your own name.............)
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To: Hemingway's Ghost
.. and you are assuming they won't.

Point is, every one has personal life "experiences" with various subjects. You want pot made legalized, and OldFriend was cracking a joke. Not a joke, in my book. It happened. Lost numerous highschool chums in midst-party movement, around "suicide bend". And maybe they woulda still not made the "bend" high or not. But those Thai sticks back then, were mighty powerful. But maybe it was the opium burnt on an electric range and inhaled through a rolled up newspaper. Who knows.

Nonetheless, I think Buckley and Friedman are right - it is getting near time to unleash the Cracken.

With all the documentation surrounding the "pot is harmless" movement, it's time to stop forking out massive amounts of tax dollars to stop people from "doing what they are going to do regardless".

And yes, in the past, pot was neither legal nor illegal.

Remember those old rhubarbs from various "political identity movements"? cia unleashed CRACK on the black community in order to convict only "blacks"? Legalizing pot might just put a halt to those conspiracies.

58 posted on 06/02/2005 6:57:23 AM PDT by Alia
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To: DManA

Your post is a classic Ad Hominem. I guess you can't argue with his logic, so you deflect the focus onto him.

That's too bad, because some conservatives have a decent ability to defend the War on Drugs. You, OTOH, would lose, were you to pull that one in a formal debate.


59 posted on 06/02/2005 6:59:03 AM PDT by krb (ad hominem arguments are for stupid people)
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To: OldFriend

Oops; Missed pinging you to post #58.


60 posted on 06/02/2005 7:01:23 AM PDT by Alia
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