I frequently find myself in discussions about drug policy. I feel strongly that incarcerating people for possession is stupid and wrong, but I'm reluctant to legalize drugs. (I think there are a lot of options in between.) In these discussions, I inevitably hear someone say, "Look at alcohol. It's way worse and it's legal!" My … Continue reading “look at alcohol!”
Tag: Mark Kleiman
This is your culture on pot
Keith Humphreys and Mark Kleiman offer some great commentary on marijuana legalization and what a legal marijuana market might look like. First, Humphreys: About eighty percent of the market is “commercial grade” cannabis, which has a THC content of about 5% and sells for $70 to $230 per ounce, depending on how far a buyer … Continue reading This is your culture on pot
