Published in The News Tribune, November 8, 2012
As part of an introductory course in economics, I used to teach my students about the unintended consequences that usually accompany well-intentioned attempts to make particular transactions illegal. I would draw on current drug policy to link theory with reality.
One thing that I learned from these conversations was that many students felt that discussing the pros and cons of drug legalization was immoral. This sort of belief is one of the challenges we’ve faced in confronting failures in our drug policies.
Tuesday’s passage of initiatives in Washington (I-502) and Colorado to legalize recreational marijuana usage offer promising signs that change is now in the air. Continue reading