Letters to the Editor

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The efficiencies delivered by global markets aren't limited to cheap TVs and blue jeans. Heroin and coke are also priced to move.
  • Price vs consumption in the drug trade

    I'm really not sure whether you are seriously asking that question or not.

    Addictive substances are price insentitive. The legal barriers to hard drugs are sufficient that anyone who is willing to get past thme is willing to pay whatever it takes. Conversely, no one who is unwilling to surmount those barriers cares about the cost.

    Tobacco and alchohol have lower legal barriers, so there are still price sensitive consumers in the market.