Trading Alerts Online
  • Stock
  • World News
  • Investing
  • Tech News
  • Editor’s Pick
Editor's PickInvesting

Maduro, Venezuela, the Drug War—Best Policy Is to Legalize All Prohibited Drugs

by January 5, 2026
January 5, 2026

Jeffrey Miron

drug boat

At the risk of repeating myself:

Set aside the legal issues raised by the US removal of Venezuelan President Nicolas Maduro (but see here and here for perspectives that make sense to me);

And assume, as asserted by the Trump administration, that Maduro has been involved or complicit in the illegal drug trade, with adverse consequences for the United States, such as violence, corruption, and overdoses.

Under these—the best case—conditions, is removing Maduro a good policy?

Not even close.

Removing Maduro might shift underground drug markets from Venezuela to other countries, temporarily, but even that is unlikely. And any disruption of the Venezuelan black market will likely exacerbate the adverse impacts of underground markets.

The right policy is for the US to legalize all currently prohibited drugs. This will eliminate underground drug markets, which are the real reason for most adverse consequences typically attributed to drugs.

Cross-posted from Substack.

previous post
Calhoun’s Doctrine of the Concurrent Majority
next post
The Statism of Donald Trump

You may also like

The CFPB’s 2024 Fee Caps Would Not Really...

January 8, 2026

Do the Feds Still Merit the Court’s Presumption...

January 8, 2026

New Debanking Report Published by Cato Institute

January 8, 2026

Will Kentucky Take the Lead on Obamacare Relief?

January 7, 2026

Fraud and Corruption in SNAP

January 7, 2026

Building “Trump Class” Naval Ships “Is a Terrible...

January 6, 2026

US Has the Most Progressive Tax System in...

January 6, 2026

Treasury Should Tread Lightly When Regulating New Federal...

January 6, 2026

Life and Liberty: A Libertarian Dissent Against Assisted...

January 6, 2026

Mayor Mamdani’s “Collectivism” Is No Slip of the...

January 6, 2026

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • The CFPB’s 2024 Fee Caps Would Not Really Promote Affordability

      January 8, 2026
    • Do the Feds Still Merit the Court’s Presumption of Regularity?

      January 8, 2026
    • New Debanking Report Published by Cato Institute

      January 8, 2026
    • “The Warmth of Collectivism”: Beginning the Mamdani Era

      January 8, 2026
    • Bernie Sanders’s Clumsy and Dangerous Melody

      January 8, 2026
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradingalertsonline.com | All Rights Reserved

    Trading Alerts Online
    • Stock
    • World News
    • Investing
    • Tech News
    • Editor’s Pick