Word: alcohol
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...advertising, lobbying, or campaign contributions. Instead, producers and consumers in these markets use violence to resolve disputes with each other and bribery or violence to resolve disputes with law enforcement. These features of “vice” markets disappear when vice is legal, as abundant experience with alcohol, prostitution, and gambling all demonstrate...
...impact of legalization that might be undesirable is an increase in marijuana use, but the magnitude of this increase is likely to be modest. The repeal of alcohol prohibition in the U.S. produced about a 20 percent increase in use, while Portugal’s 2001 de facto legalization of marijuana did not cause any measurable increase; indeed, use was lower afterward. Across countries, use rates for marijuana show little connection to the strictness of the prohibition regime. The Netherlands has virtual legalization, for example, yet use rates do not greatly differ from those in the United States...
Legalization will not, of course, eliminate all negatives of marijuana use. But just as the harms of alcohol prohibition were worse than the harms of alcohol itself, the adverse effects of marijuana prohibition are worse than the unwanted consequences of marijuana use. Legalization is therefore the better policy...
...experiment with marijuana prohibition is just as misguided as was its earlier experiment with alcohol prohibition. We learned our lesson once; it is time to learn it again...
While students complain about the difficult logistics of nightlife, Nelson praises Harvard’s alcohol policies as relatively generous...