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Children Quote by L. Neil Smith

“Repealing drug laws would remove the risks involved with producing and distributing drugs, bringing 'street prices' crashing down (it's estimated that a 'spoon' of heroin would cost about a quarter in the free market), thereby eradicating any incentive that criminals might have to compete with…” quote by L. Neil Smith
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“Repealing drug laws would remove the risks involved with producing and distributing drugs, bringing 'street prices' crashing down (it's estimated that a 'spoon' of heroin would cost about a quarter in the free market), thereby eradicating any incentive that criminals might have to compete with legitimate businesses, and greatly reducing if not eliminating altogether any economic reason to 'push' drugs on children.”

L. Neil Smith

About This Quote

Source Essay: The Case for Legalizing Drugs, 1995

Legalizing drugs would lower street prices, removing profit motives for criminals and reducing the economic incentive to sell to youths.

In simple terms: Legal drugs cut prices and criminal profit.

Key Takeaway

Consider the broader social impacts of drug policy.

Themes

economics public policy crime prevention

Mood

analytical cautious

Type

policy economic

When to use this quote

  • government regulation
  • community health
  • law enforcement
  • education programs

Key Concepts

market dynamics harm reduction youth protection

Questions to Reflect On

  • What safeguards are needed to prevent increased use?
  • Can alternative economic incentives replace drug markets?
A Different Perspective

Price drops could increase consumption and health risks.

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