Sunday, February 28, 2016

Overpenalization of Drug Use

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Overpenalization In this post I’ll examine the economic consequences of “overpenalizing” drug use. Refer back to my previous post (...
Saturday, February 27, 2016

Drug Prohibition or Drug Taxation?

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Intro to Supply and Demand Curves I’ll formalize the economics of drug prohibition in this post. First a review of some conce...
Thursday, February 25, 2016

Demand Response to Vice Prohibition

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I’ve made the point before ( here and here ) that drug prohibition is a losing battle. In order to deter drug use, you have to raise t...
Monday, February 22, 2016

Drug Prohibition Requires Implausible Assumptions to Work

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The notion of deterring drug users with criminal sanctions is quite silly. Of course most drug policy actually concentrates on the supply s...
Thursday, February 11, 2016

Campaign Finance and Impressionable Voters

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Consider two possibilities.    Campaign spending has a negligible effect on election outcomes. The voting public is so ignorant and im...
Monday, February 1, 2016

CDC Drug Overdose Data: Patterns and Data Quality Issues

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I went digging around in the CDC’s mortality data at the individual record level and it pretty much confirmed my suspicions about the recen...
Saturday, January 23, 2016

Do Recent Events Support Drug Prohibition?

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Do those recent events refute drug policy libertarianism? The number of drug-related poisonings is up dramatically over the past 15 yea...