Oct 21, 2019
Throughout human history, economics has played a major part in setting policy and inspiring actions of all kinds, including prohibitions - and few have a deeper understanding of prohibitions than Dr. Mark Thornton.
Dr. Thornton is a Senior Fellow at the Mises Institute and an economist who's written and spoken extensively on the topic of prohibition. In addition to his work at Mises, Mark serves as the book review editor of the Quarterly Journal of Austrian Economics, and his own writings spans three decades, starting with The Economics of Prohibition and culminating in his recent book, The Skyscraper Curse: How Austrian Economists Predicted Every Major Economic Crisis of the Last Century.
Today, Dr. Thornton joins the podcast to discuss why prohibitions never successfully squash demand for prohibited products, the common factors that both inspire prohibitions (and lead to their failure), and why he thinks we’re closer than ever to federal legalization.
Show Notes
For complete show notes, including transcripts, takeaways, and links to all the resources mentioned, visit SoHoExp.com/05
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