Politicians are always seeing fit to stick their noses into things where they don't belong and interfering with the all-knowing, infallible and invisible "hand of the market". Whenever they do this things always go wrong and the constrictions on the market often prevent a handful of worthy people from becoming filthy rich.
Now we find that the state of New Mexico has enacted legislation that requires the state government to take over the cultivation and distribution of marijuana. The economic history of cannabis over the past forty years or so, protected from needless government regulation and control, is one of the great success stories of the free market. What other product has seen its quality increase by several orders of magnitude whilst the price declines in real terms? Obviously the evil socialists at the helm of the New Mexican government could not allow this to continue and instead will put an end to this testament to the genius of Adam Smith.
Now we find that the state of New Mexico has enacted legislation that requires the state government to take over the cultivation and distribution of marijuana. The economic history of cannabis over the past forty years or so, protected from needless government regulation and control, is one of the great success stories of the free market. What other product has seen its quality increase by several orders of magnitude whilst the price declines in real terms? Obviously the evil socialists at the helm of the New Mexican government could not allow this to continue and instead will put an end to this testament to the genius of Adam Smith.
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