Sunday, February 7, 2010

Medical Marijuana now legal in 14 states - Can New York be far behind?

14 states now have legalized "medical" marijuana the such state being New Jersey. NPR's show Planet Money distributed an interesting show on this topic on 01/27/10. Here is the blurb from the Planet Money web site:

Fourteen states have adopted medical marijuana laws. We talk to Harvard economist, Jeffrey Miron, about what happens when drugs move from the black market to the open market. Do they get 100 times cheaper? Or instead, more expensive? Miron talks about the economics of prohibition, and reveals his drug of choice (which is legal) and one he would like to try (which is not).

You can access the show by clicking here.

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