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On the Concept of Illegal Economy


The more a state represses freedom and free markets, whether this intervention is based on reasonable grounds or not, the bigger a parallel, irrepressible underground/black/illegal economy grows.

This brings governments to an issue of whether legalizing 'some' of these businesses or improving the law in order to make it more effective in suppressing them.

Therefore, the only economies in the world which are free in the absolute sense of the term are black economies, which, by nature and definition, are free of any sort of regulation whatsoever.

This site provides information on how the most common black economy sectors work, and thus will help economists better analyze what really happens when there is no government intervention but street ethics, no laws but guns, and no taxes but bribes.

Here on this site, you will read about all major economic activities involving illegal economic dealings. In some cases, the goods themselves will be illegal, such as the sale of illegal drugs; in some others, merchandise will be otherwise legal goods sold illicitly to avoid tax payments or licensing requirements, such as unregistered firearms.


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