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Economics and Marijuana - Consumption, Pricing and Legalisation (Paperback)
Loot Price: R1,395
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Economics and Marijuana - Consumption, Pricing and Legalisation (Paperback)
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Do marijuana users cut back on consumption when the price rises? To
what degree is marijuana consumption related to drinking and
tobacco usage? What would happen if marijuana were legalised and
taxed in the same way as alcohol and tobacco? Is marijuana priced
in a similar way to other goods? Economics and Marijuana deals with
these and other questions by drawing on a rich set of data
concerning the consumption and pricing of marijuana in Australia, a
country where the drug has been decriminalised in some, but not
all, states. The book applies the economic approach to drugs to
analyse consumption, pricing and the economics of legalising the
use of marijuana. The result is a fascinating analysis of this
widely used, but little understood illicit drug that provides much
needed information and policy advice for a wide range of readers,
including economists, policy makers and health professionals.
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