Word: law
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...currently characterize marijuana markets. These occur because, in underground markets, participants cannot resolve disputes via non-violent mechanisms such as lawsuits, 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...
...prohibition would be able to consume responsibly; legalization would allow them to enjoy marijuana without fear of arrest or incarceration and without concern over quality. Some new users might generate adverse consequences for themselves or others, such as driving under the influence, but most irresponsible users are disregarding the law and consuming already...
...ideal way to legalize marijuana is for the federal government to end its ban, while allowing each state to regulate and tax marijuana as it sees fit. This would circumvent the complicated constitutional issues that will arise if the California initiative passes, as federal law would still prohibit marijuana...
Alan A. Khazei ’83 graduated from Harvard Law School in 1987, is the co-founder of City Year, and the founder and CEO of Be The Change...
Even though she grew up around the world, Owada was more familiar with Cambridge than most Harvard freshmen when she moved into the fourth floor of Thayer in September of 1981. Her father was a visiting professor at Harvard Law School for the previous two years, and Owada spent her junior and senior years of high school at nearby Belmont High School...