So how much ivory do you expect to be illegally exported out of the US as a result of that law?
And if you don’t care about legality, why would you export ivory, anyway? The prohibition destroys legal markets, but tends to raise prices in the black markets.
The prohibition destroys legal markets, but tends to raise prices in the black markets.
False. Scarcity raises prices, and black market goods are often scarce, but where illegal goods are not scarce (say street quality heroin) the profit margins are fairly low because illegality makes it hard to compete on brand so everyone competes on price.
So how much ivory do you expect to be illegally exported out of the US as a result of that law?
I don’t see how my estimate would matter in the slightest.
I don’t see how my estimate would matter in the slightest.
It would because your argument is that US exports will depress prices in the rest of the world. If the US exports amount to half a tusk, it’s not going to depress world prices much :-/
In any case, this seems to be descending into bickering. Agree to disagree?
No, I’m saying this law makes it less scarce, because it makes buyers leave the market.
I can’t make an informed prediction of how much ivory is going to leave the US because I know nothing about future rates of persecution or the effectiveness of the ivory trade. I imagine that a few people will “help” ivory owners avoid law enforcement by buying their illegal ivory at a sharp discount, then trading them for drugs and letting the drug traffickers get the stuff out of the country. Other, still legal ivory is going to be traded off too, since it is obvious the legal trend is going only one way. The economic incentives are pretty obvious, it’d be really weird if this didn’t happen at least a little. But I can’t know how much. If I had to take a wild guess, I’d say 15% of ivory inside US borders is leaving it in the next ten years.
Agree to disagree?
No. On what do we still disagree? Much of my argument on the likely effect on the ivory market is prediction descending into outright speculation—but this is all a sub-point answering your refusal to judge whether this or the survival of the elephant species is more important. You disputed neither of my other points on why these are causally linked (ease of sting operations and the prediction other countries would copy this law). So this does not appear to be a false dilemma. Which is why I’d like to return to my main point: Isn’t helping the elephant species worth this law?
So how much ivory do you expect to be illegally exported out of the US as a result of that law?
And if you don’t care about legality, why would you export ivory, anyway? The prohibition destroys legal markets, but tends to raise prices in the black markets.
False. Scarcity raises prices, and black market goods are often scarce, but where illegal goods are not scarce (say street quality heroin) the profit margins are fairly low because illegality makes it hard to compete on brand so everyone competes on price.
I don’t see how my estimate would matter in the slightest.
And you don’t think ivory is scarce in the US..?
It would because your argument is that US exports will depress prices in the rest of the world. If the US exports amount to half a tusk, it’s not going to depress world prices much :-/
In any case, this seems to be descending into bickering. Agree to disagree?
No, I’m saying this law makes it less scarce, because it makes buyers leave the market.
I can’t make an informed prediction of how much ivory is going to leave the US because I know nothing about future rates of persecution or the effectiveness of the ivory trade. I imagine that a few people will “help” ivory owners avoid law enforcement by buying their illegal ivory at a sharp discount, then trading them for drugs and letting the drug traffickers get the stuff out of the country. Other, still legal ivory is going to be traded off too, since it is obvious the legal trend is going only one way. The economic incentives are pretty obvious, it’d be really weird if this didn’t happen at least a little. But I can’t know how much. If I had to take a wild guess, I’d say 15% of ivory inside US borders is leaving it in the next ten years.
No. On what do we still disagree? Much of my argument on the likely effect on the ivory market is prediction descending into outright speculation—but this is all a sub-point answering your refusal to judge whether this or the survival of the elephant species is more important. You disputed neither of my other points on why these are causally linked (ease of sting operations and the prediction other countries would copy this law). So this does not appear to be a false dilemma. Which is why I’d like to return to my main point: Isn’t helping the elephant species worth this law?
Suit yourself.