While reformers emphasize the therapeutic advantages of marijuana, the drug stands alone among Schedule I substances in the Controlled Substances Act of 1970 as the only one that did not start out as a medicine. The similarly classified drugs heroin and cocaine both had long histories as painkillers and numbing agents used by doctors and dentists. As the federal government pursued illicit dealing in these drugs, the market for them went underground. In response, the federal government imposed new laws on the District—like mandatory sentencing, asset forfeiture, and no-knock searches—that would later become fixtures of the modern drug war.
What is work? The discussion builds on analysis of two groups whose activities have at best a tenuous connection to conventional notions of work: Israeli ultra-Orthodox Jewish men (engaged mainly in full-time Torah study, not paid employment) and French farmers, whose incomes derive more from public subsidy than from success in markets. The elements of their situations that seem distinctive are found in fact to be quite pervasive, even for activities that are ‘obviously’ work.
Iovine and Dre approached Monster with a dazzling offer: Let’s build electronics. The inside story of one of the all time worst deals in tech.