While I’m (sort of) on this topic, why doesn’t the United States address the Afghan opium trade by just buying the stuff up? Presumably, farmers would be just as happy to sell their poppies to us, and that would keep them off the market, as well as depriving bad guys of a revenue source. Am I missing something here?
Yes Glenn, you are. In a capitalist society, you have to watch out what you reward. If we started buying the poppies, that would just drive up the price, but the poppies are cheap. If the price rose more farmers would start growing poppies instead of say, food. In other words, in a capitalist society, if you start rewarding something, you get more of it.
You’re obviously not a professor of economics. :-)
I wish the Democrats would learn this simple fact. Paying money to single moms leads to more single moms.
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