I Admire Chancellor Merkel For Her Leadership

Who Most Benefits From Keeping Marijuana Illegal? The Greatest Beneficiaries Are The Major Criminal Organizations In Mexico And Elsewhere That Earn Billions Of Dollars Annually From This Illicit Trade - And Who Would Rapidly Lose Their Competitive Advantage If Marijuana Were A Legal Commodity.

The Eurozone Status Quo Is Neither Tolerable Nor Stable. Mainstream Economists Would Call It An Inferior Equilibrium; I Call It A Nightmare - One That Is Inflicting Tremendous Pain And Suffering That Could Be Easily Avoided If The Misconceptions And Taboos That Sustain It Were Dispelled.

You Could Adjust The Punishment To Fit The Infraction. Even A Small Fine Would Be Enough To Bring An Errant Government To Heel.

It Is Much Easier To Put Existing Resources To Better Use, Than To Develop Resources Where They Do Not Exist.

As I Discovered, There Is A Great Deal Of Similarity Between A Boom-bust Process In The Financial Markets And The Rise And Fall Of The Soviet System.