What is the underground economy?
It is not something subterranean. It is neither a physical structure nor a place. The pejorative term “underground economy” is used to describe the activities of buying and selling that occur beyond the
... read more
What is the underground economy?
It is not something subterranean. It is neither a physical structure nor a place. The pejorative term “underground economy” is used to describe the activities of buying and selling that occur beyond the
... read moreIt is a well known fact that during a war the State acquires powers which it does not relinquish when hostilities are over.
... read moreTen years ago, Portugal was faced with a drug addiction epidemic. Instead of beefing up anti-drug laws , and giving the police more resources to enforce the existing prohibitionist regime, it decriminalized the possession and use of drugs for personal
... read moreOne wonders how much the different levels of government in Canada spend on enforcing our drug laws. How much revenue, too, are they sacrificing by not taxing drugs like tobacco or alcohol? Focusing on the US, the study cited below
... read more CATO’s Dan Mitchell blogs about (includes a great video) the insanity of US money laundering laws and their damaging anti-privacy unintended consequences. He concludes:
.
“Anti-money laundering laws are a classic case of bad policy leading to more bad policy. The government passes
... read moreBC’s new Gunshot and Stab Wound Disclosure Act is set to come into effect February 1, 2011. It essentially conscripts medical professionals into the ranks of police informants by forcing them to report any gunshot wound (or would
... read more