The term ‘black market’ has a negative connotation to it and with relatively good reason. It’s often associated with transactions relating to illicit drug use, firearms sales, and prostitution. However, the negative implication of the black market is due to its being “unregulated’ by the government. It exists outside the law and therefore it must be the law that has the black market unsafe safe. While it’s true that government regulation of the market influences the operation of the black market, it’s not true that the government keeps us safe through regulation.
Paradigms are important; they influence how we look at the world. Sometimes they’re correct (more or less) but when they are wrong, they can have lasting and damaging effects for all of us. Here I introduce you to the concept of paradigms and why it’s so important to challenge them.