US drug control agency will move to reclassify marijuana

The greatest thing about tight, upcoming elections is that governments actually start to do a tiny bit of what people want. Great result.

Governments actually do a lot of what people want, alas.

See https://press.princeton.edu/books/paperback/9780691138732/th...

Except that author argues for "the market" to be more in charge than governments, which baffles me because the market is also people. I'd be surprised if people pretend the market is still rational: see nfts. Or the modern stock market.

Not to mention the market irrationally rewards short term good (or even bad) and long term bad behavior, but it does it consistently, so no long term good behavior can ever win out. See: oil and gas industry.

All solutions that try to handwave people out of the equation, which includes market based ones, are the wrong path imo. The author was heading in the right direction when writing about economic education and fighting misinformation, imo that's the correct path, we can't permanently fix stupid since our brains are all basically completely broken, but we can mitigate. Utopia may be unreachable but I think we can improve.

> I'd be surprised if people pretend the market is still rational: see nfts. Or the modern stock market.

NFTs are an entertainment / art product. Them having non-zero value is the same as the original Mona Lisa selling for more than a perfect replica.

What about the stock market are you darkly hinting at?

> Not to mention the market irrationally rewards short term good (or even bad) and long term bad behavior, but it does it consistently, so no long term good behavior can ever win out. See: oil and gas industry.

I'm not sure what you are talking about. Could you be more explicit, please?

> All solutions that try to handwave people out of the equation, which includes market based ones, are the wrong path imo.

Sounds like a straw man? Who is waving people out of the equation and how?

Well, NFTs are worthless now and growth stock has expected growth priced in many years in advance. Predicting the future just use really hard. I'd argue that prices of things in the now are pretty rational.