The Unsettling Challenges of Drug Decriminalization


Like so many ideas which make sense in the abstract, legalization of drugs is turning out to have unexpected and unintended consequences in the real world.

Anyone who has dealt with systemic complexity in economies or nature, recognizes that what makes sense at the individual level, often fails when implemented at scale. We’re not talking about so-called “fallacies of composition” which can lead to market bub.....
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