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- Making drugs illegal drives up prices significantly due to addictive nature, not deterring demand.
- Involvement in illicit drug trade incurs high costs and criminal activities, posing ethical dilemmas.
Deep dives
Economics of Illegal Drugs
The episode delved into the economic aspects of illegal drugs by exploring the concept that making drugs illegal drives up prices significantly which doesn't deter demand due to the highly addictive nature of substances like crack. The episode features interactions with Freeway Rick Ross, a former drug dealer, who shared insights into the inflated pricing mechanisms and the consequential criminal activities associated with the drug trade.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode