Today’s Math You Can Use: Marijuana + Big Corporations = A Lot More Marijuana


Here’s a good example of how cavalier snark can get the better of you. This is Kevin Williamson writing at National Review:

From the annals of issues that only intellectuals are capable of misunderstanding: Mark A. R. Kleiman, a professor of public policy at UCLA, is worried that the drug trade might end up being dominated by people who care about making money. My experience with drug dealers suggests very strongly that they are a profit-seeking, entrepreneurial lot as it is.

Har har. Mark is a friend of mine, so I guess I’d be expected to defend him, but I’m pretty sure he didn’t mean his short piece about the commercialization of pot to be an attack on the free market. Quite the contrary. In fact, he has a powerful appreciation of the efficiency of the market, and knows very well that drug gangs are actually pitifully incompetent at the basics of modern distribution and logistics. Put them in competition with Philip Morris or RJ Reynolds and they’d go out of business in a few months. At the same time, with a truly modern, efficient multinational corporation at the helm, sales and consumption of marijuana would most likely skyrocket.

Remember what happened to all those mom-and-pop stores when Walmart came into town? It would be about like that.

I don’t even know that I agree with Mark about trying to keep pot away from the commercial sector. My guess is that it’s not really workable. Still, his argument is simple: The free market is powerful. Big corporations are far, far more efficient than a bunch of hoodlums. So if big corporations start selling drugs, then drug use (and abuse) is going to increase. Maybe a lot. You might still favor complete legalization, and that’s fine. But you should at least recognize that it comes with a likely cost, just as it did with cigarettes and alcohol.