Grab your copy of Rackets.
Summary - Brian Saady’s three-part book series, Rackets, presents the case for the legalization of drugs and gambling, along with the decriminalization of prostitution. Rackets exposes the underlying corruption, hypocrisy, and abuses of power associated with the prohibition of these three vices. The cure is worse than the disease. Simply put, the direct and indirect consequences from criminalizing drugs, gambling, and prostitution have been disastrous.
This book series isn’t salacious, nor does it encourage a debaucherous lifestyle. Furthermore, these aren't frivolous issues. Examining these three topics reveals a great deal about our history, culture, political system, and much more. That’s why the Rackets book series, at times, touches upon so many other topics, including civil liberties, crony capitalism, geopolitics, human rights, economics, criminal justice, political science, criminology, and more. There are several shocking revelations in these books. Fortunately, the author included thousands of sources in a very reader-friendly and scholarly format.
The Rackets series has a theme that involves the multiple definitions of the word “racket.” Drugs, gambling, and prostitution are clearly rackets, i.e. illegal black markets. And this series obviously make the case that these vices shouldn’t be criminalized. However, these books also expose other “rackets,” i.e legal but unethical businesses or crony capitalists. This series also denounces government bureaucracies that operate like "racketeers." Those government agencies function similarly to organized criminals by posing as the solution to problems caused by the government. Suffice it to say, these books will convince you that our political and criminal justice systems are, in many ways, inadvertently designed to fail...like rackets.
Review - Eternal Truth: People and institutions - including government - act in their own economic self-interest. (Sorry to shock you.) So that is how government, which is a huge
special-interest group, has been acting - from its inception.
In that regard, things like mind-altering and sometimes addicting drugs, prostitution and gambling have always been present in every society. But if government makes them illegal, it spawns a big bureaucracy to enforce those laws of prohibition. And that necessarily increases the size, cost and power of government, which government likes. But if the products are regulated and controlled, then two things happen. First the Al Capones and pimps of those worlds will lose so much money that they will probably go out business and, second, those products will be delivered more safely, and will also be taxed. And through all of that, the amount of drugs, prostitution and gambling will most likely stay about the same. So what's not to like?
This is what Brian Saady shows so forcefully and completely in his trilogy - which is a strong and healthy addition to the "common wisdom." Read it, and you will agree.
Judge James P. Gray (Ret.)
Author of "Why Our Drug Laws Have Failed" (Temple University Press, 2d edition, 2012) and 2012 Libertarian candidate for Vice President, along with Governor Gary Johnson as the candidate for President.