High taxes and tight restrictions have handed huge chunks of the tobacco market to criminal networks. Why would vaping be any different?
The black market still dominates. And more enforcement and fines aren’t going to fix it.
A RAND report highlights the importance of new synthesis methods, cheap international shipping, and online distribution aided by privacy-protecting technologies.
Chanters demand NYPD Officer Daniel Pantaleo's firing.
Attempts to centrally plan an economy ruin both civic life and life's pleasures.
Wednesday marks five years since an officer’s deadly chokehold was captured on video.
Erik Altieri of NORML sees a bright future for American pot.
High taxes and slow bureaucracy keeps the black market alive.
The black market is how you get things done when government gets in the way.
Gov. Cuomo throws his support behind a ban on home cultivation, possibly on behalf of already entrenched pot groups.
Governor Newsom wants to fight the black market. That's how we got the drug war in the first place.
Online black markets shift faster than police can respond
The government is the villain of this story, not wealthy industrialists.
If you don't want a black market in booze to develop, keep the tax man on a leash and regulators in check.
This will hurt innocent people. It may harm legal businesses. And it won't actually work.
A state senator wants to crack down on "economic crimes" in the state's underground economy.
People will find sources for what they want no matter what presumptuous regulators say.
The Humane Society even opposes artificial rhino horn, which would lower demand for poachers' fare.
A quiet revolution in Myanmar
City with highest cost per pack also has highest bootlegging rate. Imagine that.
When people aren't safe asking for protection from violence, bad consequences are sure to follow.
Meddling state officials have managed to make the legal pot market uncompetitive.
The rise of ramen noodles as prison currency can be blamed on cost-cutting that leaves prisoners hungry, says a new study.
Massive fines over a very common home-based business.
After Winning Regulatory Battle Against Ride-Sharing Firms, Austin Turns to Black Market and Deregulation
The mess left in the wake of a battle with Uber and Lyft has city residents using illegal drivers to get around and officials considering dropping many rules
The presidential wannabe's scheme will likely draw more illegal immigrants and fuel illegal evasion of capital controls.
Human trafficking issues are raised to make site operators look bad, but the charges don't match.
Jailhouse black markets make a mockery of restrictions imposed in what are literally miniature police states.
From the Third World to the First World, officials can't exempt medicine from the laws of economics.
In an age of digital transactions, demand for British banknotes and coins continues to grow to satisfy off-the-books work.
Much of the country buys, sells, and makes a living outside official scrutiny
Anonymous sites do $500,000 per day in deals that make the powers-that-be twitch