We had class in the usual spot this morning and continued our discussion about the effects of drug decriminalization. Should the United States adopt more tolerant policies towards soft drugs? If so, what are the pros and cons? Eventually we concluded that there really aren't many negative externalities associated with marijuana use; social stigmas placed on the drug may hinder America's immediate adoption of legislation similar to what's in place in The Netherlands.
We talked briefly about our excursion to the flower market next week, and I learned the following things: 50% of all flowers sold commercially in the world go through the Amsterdam flower market building each day. It's the largest commercial building in the world, and the auctions that occur there are not like what we might expect in America. A "Dutch auction" starts at a high price, and bidders attempt to mark it down as opposed to the other way around. Winnings go to the LOWEST bidder here.
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It rained today for the first time since being in Amsterdam. I think more is expected this weekend, but it's been gorgeous since it stopped earlier this afternoon.
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