What Filipinos can learn about the Drug War from Nobel Prize Winner Milton Friedman

Here’s something for the statist/collectivist brain trust, from Nobel Prize laureate Milton Friedman. Read up and perhaps add a few points to your IQ and EQ.


* The only party which can meet the armed state is organized crime/drug cartels that have the connections to move goods through customs or around customs via smuggling.

* Law of Supply and Demand

– Government prohibition causes scarcity of supply in the face of high demand.

– Low supply under conditions of high demand leads to high prices.

‘ High prices leads to high revenue for the wholesale supplier, which has connections within the government.


By prohibiting drugs, government ensures high prices, which is revenue for cartels.



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