To test the claims of the academic theory, I spoke with "Freeway" Rick Ross, one of L.A.'s biggest crack dealers in the '80s and '90s. Ross was arrested in 1996, and paroled in 2009. So he's a perfect real-world test for the academic theories.
First, I asked him about claim number one: Making drugs illegal drives up the price.
Ross told me that he once grossed $3 million in a single day.
"When I sold drugs, if they'd told me they were going to legalize it, I'd have been mad, because I knew that was going to drive the price down," he said.
Claim number one: Confirmed.
http://reason.com/blog/2011/05/05/former-drug-dealer-explains-bl
First, I asked him about claim number one: Making drugs illegal drives up the price.
Ross told me that he once grossed $3 million in a single day.
"When I sold drugs, if they'd told me they were going to legalize it, I'd have been mad, because I knew that was going to drive the price down," he said.
Claim number one: Confirmed.
http://reason.com/blog/2011/05/05/former-drug-dealer-explains-bl
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