Quotulatiousness

November 19, 2014

A worthwhile Zambian initiative

Filed under: Africa, Economics, Law — Tags: , — Nicholas @ 07:43

Tim Worstall unexpectedly finds himself on the same side of an economic and political question as a Green Party politician from Zambia:

This strikes me as being one of the very few good ideas that has been put forward at any recent election in any country that I’m aware of. A Zambian politician has decided that, given that the world seems to be moving toward legal medical marijuana at least, if not full legalisation, then that country should make use of its comparative and absolute advantage in growing the stuff and thus supply it to the rest of the world. […]

It’s slightly disconcerting to find myself agreeing with a politician, let alone one from the Green Party, but as I say this strikes me as an excellent policy.

Let’s start from the beginning: all of us liberals (whether economic or social liberals) agree that allowing people to legally toke is a thoroughly good idea. The drug itself is almost entirely harmless (obviously less so than tobacco for example, and those stories about it bringing on schizophrenia and the like are more to do with people becoming schizophrenic self-medicating than anything else) and being banged up in a jail cell, convicted of a felony, for having possession of a joint or two is going to do far more harm to your life chances than actually smoking them.

If we’re going to agree to that (and I agree people not liberals of any flavour may not) then similarly clearly we would like the best dope we can get at the lowest possible price. Given that this is true of every other product we consume it’s going to be true of this one too. And that means that if other places around the world can produce it better, or more cheaply, or some combination of the two, than we can then we should be trading with them.

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