Milton Friedman on the drug war and who wins from it
06 Jan 2015 Leave a comment
in applied price theory, applied welfare economics, economics of regulation, liberalism, Milton Friedman Tags: bootleggers and baptists, drug legalisation, marijuana legalisation, Milton Friedman, war on drugs
Jeff Miron makes the case for drug legalisation
10 Dec 2014 Leave a comment
in applied welfare economics, liberalism Tags: drug legalisation, Jeff Miron, marijuana legalisation
The share market speaks: the boom in marijuana shares
03 Oct 2014 Leave a comment
in applied price theory, economics of crime, economics of regulation, entrepreneurship, financial economics, industrial organisation Tags: marijuana decriminalisation, marijuana legalisation
Over the past two years, investors bid up penny stocks, which are stocks that trade for less than $5 a share, for marijuana from a $500,000 market to more than $7 billion.
The sale and use of marijuana is now approved for medical purposes in 22 states and the District of Columbia and is legal for recreational sales in Colorado and Washington state.
Among those will have to put their money where their mouth is, their entrepreneurial forecast is marijuana legalisation is only going to spread and the legal marijuana market is going to grow. Florida will vote on legalizing medical marijuana, and recent polls suggest the measure has the support needed to pass.
In February 2014, President Obama signed a law that allows states to experiment with industrial hemp. In response, 17 states have removed barriers to hemp production.
HT: Vox.com/marijuana-legalization-maps-charts-facts and https://twitter.com/business/status/479287579263524864
Utopia, you are standing in it! 
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