The stupidity of bureaucrats continues to amaze.

In the 1970's, the rhinoceros was being hunted to extinction, so African government signed the Convention on International Trade in Endangered Species (CITIES), which makes it a crime to buy or sell Rhino horns. Did that stop the poaching? No. It's worked as well as drug and alcohol prohibition.

This South African newspaper explains how CITES caused a huge spike in prices... continue reading »