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Detailed text transcripts for TV channel - MSNBC - 20100315:19:17:00

hospitals, the number of emergencies, trying to get people in terms of lost productivity. i think those costs are grotesquely exaggerated. we re already experiencing a lot of that because the vast majority of people who want to consume marijuana are already consuming it. legalization based on the evidence seems very unlikely to lead to much of an increase in marijuana use and therefore it s not going to lead to much of an increase in any of those costs. the second thing to note is that prohibition, the current policy, has huge costs beyond just the ones we discussed earlier, beyond just the arrests and incarcerations. all of the violence that was in mexico that was being discussed on your show a few moments ago is due to prohibition. in a legalized market rival sellers don t shoot each other. they just take out advertising in order to compete. now, you may not like the fact that there s advertising but it s far less costly for society than the incredible violence that s spurred by pr

Detailed text transcripts for TV channel - MSNBC - 20151017:14:05:00

now when things are far from perfect, when we re no longer in crisis mode about the economy, now we re asking, is capitalism actually good for america. and it s not even entirely clear how we re going to answer. joining me now, matt wealth, editor and chief of reason magazine. carmen rita wong who is author of the real cost of living. ki wright, features editor for the nation magazine. and jeffrey myron, who is director of economic studies at the cato institute. than thanks to everybody for being here. the harvard professor. how is it that capitalism is supposed to work? beyond the question of whether or not it s operating in that way, in a given nation, including ours, what kind of underpinning beliefs of capitalism? the crucial things about capitalism is businesses are

Detailed text transcripts for TV channel - MSNBC - 20100315:19:14:00

Detailed text transcripts for TV channel - MSNBC - 20100315:19:14:00
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