marijuana supply and demand

      War on drugs is a very expensive battle due to a great number of resources go into catching those who buy and sell illegal drugs on the black market, prosecuting them in court then housing them in jail. These costs seem particularly exorbitant when dealing with the drug marijuana, as it is widely used, and is likely no more harmful than currently legal drugs such as tobacco and alcohol. Ther...[Read More]

       Anyone who read Milton Friedman’s Free To Choose knows that Friedman is a great supporter in the legalization of marijuana. And we can all say that Friedman isn’t alone in that regard, and he joined over 500 economists in signing An Open Letter to the President, Congress, Governors, and State Legislatures on the benefits of legalizing marijuana. Friedman isn’t the only wel...[Read More]