Tagged: marijuana

Good character? - The Dismal Science

Eric Crampton Jan 14, 2019

National wishes to impose a ‘fit and proper persons’ test for those supplying legal medicinal cannabis. National’s associate health spokesman Shane Reti said medicinal cannabis manufacturers and employees should be “fit and proper persons”. National has proposed clean slate legislation requiring no terms of imprisonment and no convictions for seven years for employees, and even tougher standards for licence … Read More

Why synthetic marijuana is so risky - Guest Work

Guest Author Sep 04, 2018

C. Michael White, University of Connecticut The Green, a gathering place in New Haven, Connecticut, near Yale University looked like a mass casualty zone, with 70 serious drug overdoses over a period spanning Aug. 15-16, 2018. The cause: synthetic cannabinoids, also known as K2, Spice, or AK47, which induced retching, vomiting, loss of consciousness and trouble breathing. Read More

Opinion: Eric Crampton on the Psychoactive Substances Amendment Bill - The Dismal Science

Eric Crampton Mar 23, 2018

Legal markets for marijuana and ecstasy and the safer party pills, where products were subject to the Consumer Guarantees Act and where producers adulterating products would be punished, would stop Fentanyl-laced drugs at concerts and would be far more effective than ramping up punishments for producers of synthetic drugs. National pushing for increased penalties on this one is … Read More

Rational addiction and Naloxone - The Dismal Science

Eric Crampton Mar 12, 2018

Suppose for a moment that addicts are rational and that we’re really in a Becker-Murphy world. What happens in that world if a new technology makes it safer to consume an addictive product? If you’re overdosing on opioids, Naloxone can save your life. The easier is access to Naloxone, the less likely addicts are to die if they have an … Read More

Cannabis Cross-price Elasticities - The Dismal Science

Eric Crampton Feb 19, 2018

It’s been a bit of an open question whether legalised marijuana would lead to more or less alcohol use.  If the two goods are complements, say if people liked drinking while consuming cannabis, then any increase in cannabis use could yield greater alcohol use. If they were substitutes and people smoked instead of drinking, alcohol use could drop. RAND … Read More