Whether or not to legalize medicine or not is likely one of the main debates in lots of international locations around the globe. All kinds of arguments rooted in morality, individualism, financial penalties, and so forth have been proposed both for or in opposition to drug legalization.
On this week’s “What Would Hayek Say?” we check out most of the arguments which were raised each for and in opposition to drug legalization within the US in addition to in Europe. The US presents one instance, whereas the opposite excessive might be present in Portugal the place all medicine have been decriminalized for the previous twenty years. One of many extra fascinating features concerning the debate is how many individuals in each the professional and anti camps appear implicitly to agree that medicine, or habit a minimum of, are dangerous. We usher in Hayek’s views afterward within the video, citing two passages from his Regulation, Laws and Liberty the place he discusses medicine in passing, earlier than taking a stance on what facet of the talk Hayek would come down on.
Some extra sources on the drug debate:
Scott B. Nelson is Analysis and Technique Advisor on the Austrian Economics Heart and Hayek Institut in Vienna, Austria. He blogs at https://vienna-symposium.com.
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