Who most benefits from keeping marijuana illegal? The greatest beneficiaries are the major criminal organizations in Mexico and elsewhere that earn billions of dollars annually from this illicit trade - and who would rapidly lose their competitive advantage if marijuana were a legal commodity.

A full and fair discussion is essential to democracy.

Market prices are always wrong.

When I had made more money than I needed for myself and my family, I set up a foundation to promote the values and principles of a free and open society.

If truth be known, I carried some rather potent messianic fantasies with me from childhood which I felt I had to control, otherwise I might end up in the loony bin. But when I made my way in the world I wanted to indulge myself in my fantasies to the extent that I could afford.

When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.

Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.