As I was standing in the queue to pay a rip off price for a pint to use as mixer for the naggin of whiskey in my coat pocket, I wondered how I could apply my knowledge of economics to the situation. Ireland is well known for its links to alcohol and as a student drinking is almost mandatory for me. So what is the economics of drinking?
The policy of banning drugs has failed. It is time to face the facts and legalise cannabis (also known as marijuana). This would have numerous benefits. It would deprive criminal gangs of their main source of revenue. It would raise large amounts of revenue for the government. It would ensure the safety and health of users is protected. It would free up large police resources and ensure they are focused on more serious crimes. There would be minimal negative effects as cannabis in its natural state is not a dangerous drug. People should be free to make choices about their lives and live with the consequences. Continue reading “Legalise Cannabis”