#116 - The War on Drugs has failed, stop it.

The War in Drugs is spectacular failure. It is time to end it and begin to have an adult conversation about legalizing drugs. If you went out to set up a better way to enrich a violent criminal class, it would be impossible to find a better way.  We explain the economic case for the legalization of drugs, tax them and use the proceeds to help those small amount of recreational drug takers who become addicts. Treat addiction not as a crime but a health issue. Also don't fear the rise in global bond yields. It's a sign of success and please don't listen to the "austerity hyenas" screeching about large deficits, that's what's supposed to happen.