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Story summary
- Roland Fryer argues for legalizing and taxing drugs, claiming it could reduce harm.
- He cites inelastic demand, suggesting enforcement raises prices without lowering consumption.
- Critics point to Oregon's decriminalization, noting increases in crime and overdose deaths.
- They attribute this to reduced enforcement and fentanyl spread.
- Ultimately, a balanced approach combining prohibition and targeted enforcement may be more effective than outright legalization.
