Wednesday, April 27, 2005
Prices of Sex and Drugs
Stigma and illegality raise prices of commodified recreational sex and drugs higher, by decreasing their supply, than in a hypothetical free market in them, because there are more stigmas and legal penalties attached to sellers than buyers in most cases (the exception being adult men who buy sexual service of underage boys, unless they do so overseas). The irony is that moralists who disapprove of drug use and sex work do more to make the sex and drug industries profitable than libertarians who would treat them just like any other commodity.
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