Based upon your required and supplemental learning materials and resources, complete your assignment.
Drug trafficking is one of the most resilient and lucrative industries in the world, with estimated revenues of $300 billion a year. Despite the tens of billions of dollars that governments spend every year trying to disrupt them, drug cartels have shown tremendous ingenuity, adaptability, and entrepreneurship to satisfy over a quarter billion customers worldwide. Tom Wainwright will use insights from classical economics and modern business theory to explain how drug cartels work, why theyâ€™re thriving, and how the illicit business could be defeated by the laws of economicsâ€”that is, by recognizing the futility of prohibition.https://cdn.cato.org/archive-2016/cbf-03-02-16.mp4
Review the video of the CATO Institute and the document by Raenseller Lee as provided for this week’s module.
In order to contribute to this discussion, you must review the videos and readings on Columbia. You must
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